TechFlow news, on October 15, according to official information, Scroll ecosystem DeFi protocol Pencils Protocol announced that its number of active on-chain users has surpassed 720,000 and its TVL has exceeded $400 million, both reaching historical highs. In the yield farming sector, its TVL ranks third globally and first within the Scroll ecosystem.
Pencils Protocol is a DeFi platform on Scroll that has received investments from Web3 venture capital firms including OKX Ventures, Animoca Brands, Galxe, and Taisu Ventures.




