S&P 5007,631.47▼0.7% Nasdaq26,099.77▼1.0% Dow52,766.88▼0.8% Russell 2K2,920.13▼1.2% 10-Yr4.80%+4bp VIX16.34+1.42 WTI$90.79▲5.9% Gold$4,376.80▼1.2% EUR/USD1.160▼0.2% BTC$77,352▼1.5% Nikkei66,312▲0.3%
At close · Wed, Sep 2, 2026
Daily Market Updates.

Crypto

Home›Crypto›Market Structure›Ethereum Layer 2 chain activity surges to $1.6 billion…

Ethereum Layer 2 chain activity surges to $1.6 billion in DEX volume

Trading activity on Ethereum’s Layer 2 jumped 61% as DeFi deposits and stablecoin holdings neared the $800 million range.

Reported · Written up by our desk · Market Structure

DeFi activity on Ethereum’s Layer 2 network accelerated sharply, with DEX volume rising to $1.6 billion, according to Decrypt.

The outlet reports that trading on the Ethereum Layer 2 climbed 61% over a short period, driven by growth in DeFi deposits and stablecoin holdings.

Decrypt also said stablecoin holdings and DeFi deposits approached $800 million, signaling increased liquidity on Layer 2 platforms.

Latest closeEthereum $2,418.74 ▼1.9%

← Newer storyIgnyte Insurance acquires InsureMyTrip

More like this

CryptoCronos halted and restarted after exploit, differing from Ontology and ICON
CryptoCore DAO validator reward failure blocks CORE transfers at exchanges
CryptoBitcoin slides as US-Iran tensions escalate
CryptoBinance launches options on 1,000 US stocks and ETFs
CryptoBitcoin has seen repeated September weakness

Sources

DecryptRobinhood Chain DEX Volume Jumps to $1.6 billion

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.