The total value locked (TVL) on the Fantom blockchain surpassed the $10 billion mark earlier today. The Fantom Foundation announced this latest development a few hours.
According to DefiLlama, Fantom is now the fifth-largest DeFi blockchain, behind Ethereum, Terra, Binance Smart Chain and Avalanche. FTM, the native token of the Fantom blockchain, is trading at $3.08, up by more than 8% today.