Ethereum Layer 2 network zkSync Era has over $500M in locked value

At press time, more than 220,000 ether (ETH), or about $378.3 million, about 121 million USDC (a stablecoin pegged to the dollar) and 14.43 million MUTE, worth $7.53 million, were locked on zkSync . MUTE is the native cryptocurrency of Mute, a zkRollup-based decentralized exchange.