Arbitrum continues to be the market leader in terms of total value locked in the Layer 2 domain. According to L2 Beat, Arbitrum's total value frozen is currently $3.3 billion. This measure has increased by 17% in the last week and by 23% this year. By comparison, dYdX, an on-chain derivatives trading system on Starkware with a TVL of $976 million, is the second-largest Layer 2 product on Ethereum.