The layer 2 panorama on high of Ethereum has seen some intense competitors over the previous few months. In keeping with L2Beat, Arbitrum, one other optimistic scaling answer and Optimism’s greatest rival, leads the best way with $5.69 billion whole worth locked (TVL), a measure of collateral socked into decentralized-finance (DeFi) protocols on the community, whereas Optimism has $1.68 billion TVL.