Linea TVL exceeds USD 900 million, setting a new record, with a 7-day increase of 19.67%

L2BEAT data shows that Linea TVL exceeded 900 million US dollars, a new historical high, currently at 911.88 million US dollars, with a 7-day increase of 19.67%.

Earlier news, Linea, an Ethereum L2 network, announced that it had launched the first phase of Linea Surge on X, aiming to promote the development of the ecosystem by attracting more users and increasing TVL on the network. Linea Surge is a points-driven program, and users can obtain LXP-L tokens by holding assets on Linea and deploying them to DeFi protocols on the network.

The program will run for 6 phases (6 months) or until TVL reaches 3 billion US dollars. The allocation of LXP-L in each phase will be reduced by 10%, and early users will receive additional benefits. In addition, the liquidity deployed by users must be greater than or equal to 24 US dollars in a single protocol to be counted towards points.