According to DefiLlama data, the Ethereum liquidity re-pledge TVL was about $284 million on January 1 this year, and as the demand for the utility of the pledged assets increased, the total locked value (TVL) of the Ethereum liquidity re-pledge protocol increased by nearly 6,000% in 2024, reaching $17.26 billion today, occupying the absolute market share. TVL on the Solana chain is about $56.41 million today.