How should you interpret unusual TVL movements? Take Arbitrum Bridge at $ARB as an example:
Over 24 hours, the amount locked rose from $1.791 billion to $3.571 billion (+99.38%).
I usually check two things: first, whether the change can be sustained over several days, since a one-day jump often comes from a one-off deposit or withdrawal by a few whales; second, whether protocol revenue and user numbers are growing alongside it.
#ARB
This information was compiled from public sources. Please verify it yourself.
Over 24 hours, the amount locked rose from $1.791 billion to $3.571 billion (+99.38%).
I usually check two things: first, whether the change can be sustained over several days, since a one-day jump often comes from a one-off deposit or withdrawal by a few whales; second, whether protocol revenue and user numbers are growing alongside it.
#ARB
This information was compiled from public sources. Please verify it yourself.