Tezos’ Etherlink Sees $40M TVL Surge via Gamified ’Apple Farm’ Incentives
Tezos’ Layer-2 solution Etherlink has achieved a remarkable milestone, with its Total Value Locked (TVL) skyrocketing to $40 million within weeks of exiting beta. The surge is attributed to ’Apple Farm,’ a gamified DeFi incentive program that has rapidly attracted liquidity to the nascent ecosystem.
Etherlink’s growth spurt marks one of the fastest expansions in Tezos’ history, demonstrating how innovative reward structures can drive adoption in competitive Layer-2 markets. The platform only launched from beta in February 2024, yet has already established itself as a serious contender in the DeFi space.