by 10% over the past 24 hours at the time of writing. A bullish surge experienced since the start of 2023 saw MATIC almost reversing the FTX-induced losses.Polygon’s on-chain growth could have got solid impetus from its expanding DeFi protocols.
While the total value locked of bigger chains fell over the last 24 hours, the TVL across Polygon recorded a jump of 1.13% to hit $1.19 billion.Alongside this, popular protocols such as Quickswap and Uniswap V3 saw steady growth in unique active wallets and transaction volume.