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IMPORTANT: Announcing Blockworks’ Latest Podcast, 0xResearch
Forward Guidance
ZK EVM 2.0 Launch
Polygon is a side chain, don't worry about the nomenclature on that. But it's just another EVM compatible, so Ethereum compatible chain. And as you see when the Etherum gas fees spiked, so did polygons TVL. So this is mutual value locked. That's total value locked. The amount of dollars locked in smart contracts on that chain got up to about 10 billion. It accounts for roughly 3% of all gas spent on ETH mainnet.
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