How should we interpret a TVL swing? Take Quickswap on $QUICK as an example:
TVL over 7 days fell from $142 million to $77.57 million (-45.49%).
I usually check two things: first, whether the trend continues for a few days, since sharp one-day swings often come from a few large holders making one-off deposits or withdrawals; second, whether protocol revenue and user numbers are also declining. Do you consider this a meaningful signal?

#QUICK

Just my personal opinion, not investment advice.