🐋 Public Chain TVL Tracker:
Monad's DeFi TVL rose by approximately $213 million in 24 hours, up 27.05% to $999 million.
A large part of the competition between public chains comes down to TVL, so pushing this figure higher is a plus. But look closely: is it the result of deposits coming in steadily across the board, a single large transfer from one or two whales, or rising prices of on-chain assets? A whale's one-off deposit can come in fast and leave just as fast.
Players of $MON can keep an eye on TVL trends over the next few days.
#MON
Data is for reference only. Make your own trading decisions.
Monad's DeFi TVL rose by approximately $213 million in 24 hours, up 27.05% to $999 million.
A large part of the competition between public chains comes down to TVL, so pushing this figure higher is a plus. But look closely: is it the result of deposits coming in steadily across the board, a single large transfer from one or two whales, or rising prices of on-chain assets? A whale's one-off deposit can come in fast and leave just as fast.
Players of $MON can keep an eye on TVL trends over the next few days.
#MON
Data is for reference only. Make your own trading decisions.