LayerZero V2 protocol's total value locked (TVL) surged 10.22% over the past 24 hours, reaching $17.12 billion according to DeFiLlama data. The cross-chain interoperability protocol now ranks fourth on DeFiLlama's TVL leaderboard. The sharp increase triggered DeFiLlama's volatility threshold for top protocols, which flags any Top 20 project experiencing a 24-hour TVL change of ±10% or more.