The network TVL created by Conduit rollup is approximately 121 million US dollars, and will be upgraded to a 5/7 multisig

L2Beat researcher Luca Donno stated that networks such as Zora, Aevo, Hypr, Orderly, Ancient8, Lyra, Mode, Pgn, Parallel and Metal were all created using the Conduit rollup "one-click chain creation" software. These networks have a total TVL of approximately $121 million. Networks based on Conduit adopt a 3/5 multisig approach with the private keys for signing stored in hardware wallets. Conduit founder Andrew Huang said he will upgrade to a 5/7 multisig in the coming weeks. L2Beat data shows that multiple networks based on Conduit use a single wallet to handle tasks like upgrading network bridges. For example, Aevo's "ConduitMultisig" account has unlimited upgrade permissions and could potentially gain access to all funds; Lyra's "ConduitMultisig" wallet also has the ability to access all funds.