Apple Farm Season 2 goes live on Etherlink after record-breaking first run

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Key Takeaways

Apple Farm Season 2 launched on Etherlink, offering over $3 million in rewards and introducing the applXTZ token.
Season 1 achieved $47.7 million in TVL, and the new season expands with more partner protocols and enhanced engagement incentives.

Apple Farm Season 2 is now live on Etherlink, offering over $3 million in rewards to boost the layer 2 network’s DeFi ecosystem. The new season follows a successful first run that attracted more than $47 million in TVL and awarded $3 million in XTZ incentives.

The new event introduces applXTZ, a reward token that provides users with immediate access to 20% of their rewards, with the remaining 80% unlocked over six months. The program incentivizes active participation in DeFi applications on Etherlink, including trading, lending, and liquidity provision.

“Season 1 showed there’s strong demand for smart, well-structured incentives,” said David Relkin, Head of DeFi at Nomadic Labs. “With Season 2, we’re leveling up, more partners, more flexibility, and reward mechanics designed to keep users active and engaged over time. We’re building real, lasting value for the ecosystem.”

The expanded protocol roster includes Jumper.Exchange, Lombard, Curve, OKU, Gearbox, Stacy.fi, Hanji, Superlend, Uranium.io, and IguanaDEX, with more protocols expected to join throughout the season. Incentive opportunities are updated bi-weekly based on activity and demand.

“We’re excited to continue our partnership with Etherlink through Apple Farm Season 2,” said Pablo Veyrat, co-founder of Merkl, which powers the Apple Farm platform. “This season is more dynamic, more accessible, and we think it’s going to drive even stronger engagement across the board.”