Let me talk to everyone about Quickswap ($QUICK ). In seven days, TVL dropped from $142 million to $77.57 million.
I used to think when TVL falls, the coin price would move in the same direction—but later I found it’s not that simple. If one or two large holders deposit a sizable amount, the locked value can jump significantly; and the tokens that are locked aren’t necessarily the protocol’s own tokens.
Nowadays, I treat it only as a reference—I need to look at the direction over several consecutive days. What’s the one thing you care about most?
The market changes quickly, so please make independent judgments.
I used to think when TVL falls, the coin price would move in the same direction—but later I found it’s not that simple. If one or two large holders deposit a sizable amount, the locked value can jump significantly; and the tokens that are locked aren’t necessarily the protocol’s own tokens.
Nowadays, I treat it only as a reference—I need to look at the direction over several consecutive days. What’s the one thing you care about most?
The market changes quickly, so please make independent judgments.