A notable reality about Arbitrum is that it is the largest layer-2 based mostly on the important thing metric of “whole worth locked,” or TVL, which represents deposits locked into decentralized-finance protocols on any given community. The determine at present stands at $8.4 billion for the Arbitrum One community, in keeping with the web site L2Beat, virtually double No. 2 OP Mainnet’s $4.6 billion.