It’s been just 30 days since @Plasma ainnet went live the Layer 1 chain built specifically for stablecoins, delivering zero-fee USDT transfers, 1-second blocks, and under 3-second finality.
And in only a month, Plasma has already positioned itself among the fastest and most active stablecoin-focused chains ever launched.
🔹 Network Growth
In its first 30 days, @Plasma processed 75 million transactions, averaging nearly 2 million per day.
It now boasts over 2.2 million users, with around 20,000 new active wallets joining daily — a phenomenal start for a brand-new L1.
🔹 Liquidity Explosion
Launching with $2B in USDT0 liquidity, Plasma attracted an additional $4.8B inflows within 48 hours, reaching a total of $7.8B net inflows — an unprecedented figure for any mainnet debut.
🔹 Stablecoin Powerhouse
With a $7B+ stablecoin supply in just two weeks, Plasma has already become the 5th largest chain by liquidity, capturing ~2% of the $304B stablecoin market:
USDT0: $4.9B
sUSDe: $1.25B
USDe: $0.6B
syrupUSDT: $0.5B
wstUSR: $0.18B
USDai: $0.16B
🔹 DeFi Ecosystem
Plasma launched with 100+ DeFi integrations, quickly becoming Aave’s #2 market with ~$5B supplied and $2.1B borrowed.
Top assets: USDT0 ($2.2B), sUSDe ($590M), weETH ($560M), and USDe ($410M).
Maple Finance’s $165M syrupUSDT pool anchors the institutional credit layer.
🔹 Key Protocols
Fluid seamlessly combines lending, borrowing, and trading with a TVL of $782M (79% lending / 21% DEX).
96.7% USDT0 ($756M) — supply cap reached immediately
Top pools: USDai/USDT0 $82.5M, sUSDe/USDT0 $36.8M, syrupUSDT/USDT0 $25.8M
Euler Finance went live on day one, locking $710M deposits, $359M borrows, and a $351M TVL with over 50% utilization.
Top assets include USDT0 and USDai (>90% utilization), with PTs live across syrupUSDT ($43M), USDai ($29M), and USDe ($7.7M).
🔹 The Verdict
In just one month, @Plasma has proven itself as a DeFi and liquidity powerhouse, redefining what’s possible for stablecoin-focused blockchains.
The first stablecoin-optimized Layer 1 isn’t just here — it’s thriving.
