OP Mainnet recorded an 87.83% jump in total value locked over the past 30 days, with the move driven primarily by Ether.fi's migration onto its network. The inflow positions OP Mainnet as one of the standout TVL gainers among major blockchains this month.
Not every chain shared the momentum: Plasma saw a steep 61.78% decline in TVL over the same window, a drop attributed to liquidity outflows from Aave. The divergence underscores how quickly capital rotates when a high-profile protocol shifts its home chain — winners and losers can emerge within a single monthly cycle.
For DeFi observers, the Ether.fi migration is a reminder that TVL rankings remain fluid. A single large protocol's routing decision can redraw the competitive landscape faster than any incentive programme.