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BTCC / BTCC Square / Global Cryptocurrency /
Etherlink TVL Surges 12x Due to Apple Farm Incentive Program

Etherlink TVL Surges 12x Due to Apple Farm Incentive Program

Author:
Global Cryptocurrency
Published:
2025-04-17 19:48:02
14
1
Etherlink, the EVM-compatible Layer 2 built on Tezos Smart Rollups, has seen its total value locked (TVL) surge 12x to over $18 million. This significant growth is attributed to the Apple Farm incentive program, which has provided $3 million in rewards. The program has accelerated ecosystem adoption and DeFi activity, driving user engagement and transaction activity across Etherlink’s dApps. IguanaDEX, a decentralized exchange on the network, recorded $150 million in trading volume due to user pursuit of reward opportunities and arbitrage trading.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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