LayerZero V2's total value locked (TVL) surged 11.50% over the past 24 hours, reaching $18.74 billion according to DeFiLlama data. The protocol now ranks fourth on DeFiLlama's overall TVL leaderboard. The double-digit gain triggered DeFiLlama's volatility alert threshold for top-20 protocols, which flags any project experiencing a 24-hour TVL change of ±10% or greater.