Which L2s grew TVL this week?

TLDR

Several L2s showed TVL gains this week. Notable movers: Starknet (TVS up about 10% to over $797 million), Stacks (Bitcoin L2) up from $116.62 million to $129.73 million, and Ink surpassed $500 million in TVL (Starknet outage and weekly TVS update, Stacks weekly TVL rise, Inks TVL milestone).

1. Starknet (STRK): TVS grew about 10% week over week to over $797 million.
2. Stacks (STX): TVL increased to $129.73 million from $116.62 million last week.
3. Ink: Crossed ~$500 million TVL, supported by lending growth and higher ETH.

Deep Dive

1. Starknet Up Week Over Week

Starknets total value secured rose roughly 10% to over $797 million during the week, indicating net capital inflows despite a temporary outage that lasted about four hours early in the week. See the network note and weekly metrics in the Starknet update.

• The team restored operations the same day after rolling back to stabilize block production.
• Throughput and user operations per second were cited as improving week over week, aligning with the TVS rise in the report.
• Reliability remains a watch item given two major incidents since last year.

2. Stacks (Bitcoin L2) Growth

Stacks TVL climbed from $116.62 million to $129.73 million over the past week, reflecting increased interest in Bitcoin-native DeFi. The weekly change and context are covered in the Stacks TVL piece.

• The article frames a broader uptick in Bitcoins DeFi TVL (to $7.176 billion), with Stacks one of the leading platforms.
• Rising open interest in STX futures also points to active positioning alongside on-chain liquidity increases.

3. Ink Surpasses $500 Million

Krakens Ink L2 reported TVL near $503 million and highlighted Tydro (Aave-based lending) as a major driver. The milestone and recent growth dynamics are summarized in the Ink TVL report.

• Tydros TVL is up strongly month on month, and ETHs ~8% weekly rise supported headline TVL via collateral valuation.
• Speculation around a future INK token and airdrop has likely contributed to liquidity concentration.

Conclusion

TVL gains this week clustered in Starknet, Stacks, and Ink, driven by a mix of ecosystem-specific catalysts (lending, Bitcoin DeFi) and collateral repricing from higher ETH. The key trade-off is durability: flows tied to price and incentives can fade, while usage-driven growth tends to persist. Watching protocol-level deposits and user activity helps separate transient spikes from lasting adoption.