Data: AO platform's recent pre-bridge of 260 million USD stETH in the past four days, with TVL exceeding 200 million USD

ChainCatcher news, according to CryptoSlate, Arweave and AO founder Sam Williams posted on X yesterday that $260 million of stETH has been pre-bridged to the Arweave-based AI application computing protocol AO, propelling it to become the 28th largest DeFi protocol in the past four days.

According to Williams, AO's TVL is now comparable to Cardano ($209.43 million), surpassing major blockchain projects such as zkSync, Fantom, Scroll, Algorand, Filecoin, and ICP.

It is reported that AO is a new protocol built on the Arweave permanent data storage layer, enabling parallel application execution through a decentralized computing model. At the same time, it allows AI applications to run on-chain, enabling large language models to operate within smart contracts.