
The Total Value Locked (TVL) on the Fantom (CRYPTO: FTM) blockchain has now surpassed $12 billion.
What Happened: According to data from DeFi Llama, the TVL on DeFi protocols built on Fantom surged 65% in the last 14 days to hit $12.66 billion. In the last month, TVL has surged by more than 170%.