LayerZero V2 protocol total value locked (TVL) increased 35.48% in the past 24 hours, reaching $10.612 billion. The surge propels the cross-chain messaging protocol to 10th place in DeFi rankings. The significant inflow triggered volatility thresholds for top-tier DeFi protocols, marking one of the largest single-day TVL gains among the top 20 ranked projects. LayerZero V2 now sits firmly within the top 10 DeFi protocols by total value locked.