L2 network Karak TVL exceeded US$100 million, with a seven-day increase of 11.31%

Golden Finance reported that according to L2beat data, the total locked-up volume of risk management L2 network Kara has exceeded US$100 million. At the time of writing this article, it reached US$104.02 million, a record high, with a seven-day increase of 11.31%. Karak was built with the support of Andalusia Labs, which completed a $48 million Series A round of financing last year, with Lightspeed Venture Partners leading the investment and Pantera Capital and others participating.