How should you interpret a TVL move? Take Lombard $BARD as an example:
Over 24 hours, its locked value rose from $758 million to $900 million (+18.76%).
I’d check two things: first, whether the trend can continue for a few days—sharp moves over a day or two often come from a few large holders making one-off deposits or withdrawals; second, whether protocol revenue and user numbers are growing alongside it. How would you respond?
#BARD
Over 24 hours, its locked value rose from $758 million to $900 million (+18.76%).
I’d check two things: first, whether the trend can continue for a few days—sharp moves over a day or two often come from a few large holders making one-off deposits or withdrawals; second, whether protocol revenue and user numbers are growing alongside it. How would you respond?
#BARD