How should we interpret changes in TVL? Take Quickswap at $QUICK as an example:
The 7-day TVL fell from $128 million to $74.23 million (-41.79%).
I’d check two things: first, whether this trend continues for several days, since a one-day spike or drop is often caused by a single large holder moving funds in or out; and second, whether protocol revenue and user numbers are also declining. Which direction do you think is more promising?
#QUICK
The 7-day TVL fell from $128 million to $74.23 million (-41.79%).
I’d check two things: first, whether this trend continues for several days, since a one-day spike or drop is often caused by a single large holder moving funds in or out; and second, whether protocol revenue and user numbers are also declining. Which direction do you think is more promising?
#QUICK