๐—”๐—น๐—น-๐—ง๐—ถ๐—บ๐—ฒ ๐—›๐—ถ๐—ด๐—ต๐˜€ ๐—”๐—ฟ๐—ฒ ๐— ๐—ถ๐—น๐—ฒ๐˜€๐˜๐—ผ๐—ป๐—ฒ๐˜€, ๐—ก๐—ผ๐˜ ๐—ฃ๐—ฒ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฒ๐—ป๐˜ ๐—•๐—ฎ๐˜€๐—ฒ๐—น๐—ถ๐—ป๐—ฒ๐˜€.

A record supply or TVL figure captures a moment in an ecosystem's development. It does not mean that the same level will remain unchanged.

USDD's October report noted that circulating supply surpassed $1.81 billion and TVL exceeded $2.51 billion during the month, reaching new highs on October 12 before declining toward month-end.

These figures should be read alongside the end-October snapshot of approximately $1.50 billion in circulating supply.

Understanding the timeline prevents misleading comparisons. Markets move, capital rotates, and users adjust their positions as conditions change.

A milestone is worth recognizing, but responsible analysis also explains what happened after it and why the reporting date matters.

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