Scroll's zkEVM Surpasses $1 Billion in TVL with 'Marks' Points Program
Scroll's zkEVM has been gaining traction in the Ethereum Layer 2 competition, surpassing $1 billion in total value locked (TVL) by June 15. This growth outpaced other networks like Base and Linea, while Blast experienced a significant decline of 42%. The key driver behind this surge is Scroll's 'Marks' points program, which targets airdrop farmers by rewarding users for bridging assets or depositing into protocols like Ambient and Nuri.
The program has been successful in driving sustained engagement, with users earning Marks based on the formula 'Marks = Value x Action x Time'. This approach differs from other networks like Base, which use 'Onchain Summer' to earn points. Scroll's focus on direct deposits is seen as a smart way to build liquidity.
Scroll has been gaining popularity rapidly since its launch in October 2023, with 50,000 daily active users and 6.5 million unique addresses processed over 112 million transactions. The network relies on a hierarchical proof aggregation system using chunk proofs for individual blocks and batch proofs for aggregated chunks, which is then converted to SNARK for on-chain verification.
However, some critics argue that the centralized sequencer and prover introduce a significant trust assumption for users who rely on the network for primary liquidity. Additionally, bridging remains a consideration for users, with the native Scroll bridge using a validity-proof mechanism and across processing transfers in 2 seconds with $0.02 fees.
Scroll is viewed as a pragmatic alternative to Linea, which targets mainstream wallet stack familiarity. While Arbitrum One maintains $13.8 billion in TVL and Base holds $11.2 billion, Scroll's $2.1 billion makes it a growing force in the ZK rollup space.