Scroll’s total value locked (TVL) is growing faster than all other Ethereum Layer 2s (L2), driven by its ongoing points program.

The network's TVL has more than doubled in the last month, surpassing $1 billion from $435 million on June 15.

Scroll’s total value locked (TVL) has surged by more than 130% over the past month, outpacing all other Ethereum Layer 2 (L2) networks, data from DeFiLlama shows.

As of press time on Friday, Scroll's network had a total of $1.02 billion in assets, up from $435 million on June 15. Over the same period, Base's TVL increased by 4% to reach $543 million, while Blast's TVL decreased by 42% to hit $133 million. Linea's TVL also rose by 3% to reach $113 million.

Scroll is one of the few major L2s that are yet to launch a native token, and the growth spurt may be partially attributed to airdrop farming tactics. Several L2s have used airdrops to bootstrap their ecosystems and attract users ahead of launching their governance tokens.

The network began teasing its points program on April 17 with the introduction of “Marks,” which users could earn by bridging assets onto the chain during its initial “Session Zero.” The program recently moved into Session One on June 21, awarding Marks to users who deposit assets into certain protocols on Scroll, such as Ambient and Nuri. In the announcement thread, the Scroll team stated that “Marks = Value x Action x Time.”

Launched its mainnet in October 2023, Scroll is a zkEVM L2 scaling solution that raised $80 million across multiple rounds, led by Polychain Capital at a valuation of $1.8 billion.

While airdrop incentives appear to be a major driver of the ecosystem’s growth, Scroll is not the only Layer 2 without a native token. Both Base and Linea also have ongoing points programs, leading traders to speculate that they will launch tokens in the future as well.

Linea is distributing LXP points to users who contribute TVL to the chain and protocols in its ecosystem. Meanwhile, Base has just begun a program for its “Onchain Summer” initiative, where users can earn points and badges for minting and collecting specific NFTs.

Scroll continues to attract users even as recent token launches have underperformed post-airdrop. Both Blast and ZkSync launched in June, and both tokens are down nearly 40% from their opening prices. Notably, two of the fastest-growing protocols on Scroll during this period have been Pencils Protocol and Nuri Exchange. Pencils is a yield aggregator platform, while Nuri is a decentralized exchange (DEX).