{"id":21451,"date":"2025-02-24T16:00:00","date_gmt":"2025-02-24T14:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/berachain-surpasses-base-and-arbitrum-with-3-2-billion-tvl\/"},"modified":"2025-02-24T16:00:00","modified_gmt":"2025-02-24T14:00:00","slug":"berachain-surpasses-base-and-arbitrum-with-3-2-billion-tvl","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/berachain-surpasses-base-and-arbitrum-with-3-2-billion-tvl\/","title":{"rendered":"Berachain Surpasses Base and Arbitrum with $3.2 Billion TVL"},"content":{"rendered":"<p>The total value locked (TVL) in Berachain has risen to $3.24 billion, placing the network in sixth position, ahead of Base ($3.21 billion) and Arbitrum ($2.91 billion).<\/p>\n<p>Over the past seven days, Berachain&#8217;s TVL increased by 20% amidst a general downturn among its competitors.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1443.webp\" alt=\"1-1443\" class=\"wp-image-252546\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/chains\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>Berachain hosts 33 protocols. The leading platform is the LST platform Infrared Finance ($1.51 billion), followed by DEX Kodiak ($1.11 billion) and the yield aggregator Concrete ($803 million).<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-1028.webp\" alt=\"2-1028\" class=\"wp-image-252547\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/chain\/Berachain\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>The native cryptocurrency of Berachain (BERA) is trading at $6.94. The coin ranks 115th by market capitalization at $748.6 billion. The fully diluted valuation (FDV) stands at $3.48 billion.<\/p>\n<p>Berachain is a <a href=\"https:\/\/forklog.com\/en\/news\/what-makes-berachains-modular-blockchain-tick-and-is-an-airdrop-likely\">modular first-layer blockchain<\/a> with EVM support. The network employs a Proof-of-Liquidity consensus algorithm, a variation of delegated Proof-of-Stake. This model involves three assets: BERA for gas fees, BGT for governance, and HONEY as a stablecoin.<\/p>\n<p>In April 2023, Berachain developers raised $42 million. A year later, they secured <a href=\"https:\/\/cryptorank.io\/ico\/berachain\">another $100 million<\/a>.<\/p>\n<p>The mainnet launch and BERA airdrop <a href=\"https:\/\/forklog.com\/en\/news\/berachain-developers-launch-mainnet-and-conduct-airdrop\">occurred<\/a> on February 6.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total value locked (TVL) in Berachain has risen to $3.24 billion, placing the network in sixth position, ahead of Base ($3.21 billion) and Arbitrum ($2.91 billion). Over the past seven days, Berachain&#8217;s TVL increased by 20% amidst a general downturn among its competitors. Source: DeFi Llama. Berachain hosts 33 protocols. The leading platform is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1335,1321,1225,1093],"class_list":["post-21451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arbitrum-arb","tag-base","tag-berachain-bera","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21451"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21450"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}