This report provides a comparison of the Total Value Locked (TVL) of major competitors in the blockchain industry like Polygon, Optimism, Arbitrum, Avalanche, Aurora, and Moonbeam. The data used for this analysis was sourced from defillama.com, covering the period from January to September 2022. The TVL values are reported in USD and the percentage change in TVL is also reported.

Things to note: Moonbeam launched on 14th Jan 2022. Since it wasn't active from 1st Jan like the other chains, to avoid computational errors, the TVL change percentage for Moonbeam is shown separately .

• Between January 1 and September 30, 2022, Optimism grew significantly, with a 243.9% rise in TVL in USD.

• Optimism started gaining TVL rapidly from 15th July reaching a peak TVL of $1.1bn on 11th August, 2022.

• On the other hand, throughout the same time period, Arbitrum's TVL in USD saw a notable decline of 39.9%.

• Moonbeam also saw significant change in TVL with a 166.3% rise.

• Significant percentage declines in TVL in USD were observed for Polygon, Aurora, and Avalanche, with declines of 73.7%, 75.6%, and 83.3%, respectively.

• While it is not immediately obvious from this data alone why TVL for Polygon, Aurora, and Avalanche decreased, it is evident that there was considerable TVL movement across these blockchain networks during this time.

We use data from the table: external.defillama.fact_chain_tvl which is derived from https://defillama.com/ and placed onto Flipside's db.

Total Value Locked (TVL) is calculated in US Dollars.

TIme Period for reportage is 01-Jan-2022 to 30-Sep-2022

Chains in Comparison are Polygon, Optimism, Arbitrum, Avalanche, Aurora and Moonbeam

To download csv, click on any query link, and then click on download button on the query results table.