180.06%. This is Monolith Market's 24-hour TVL increase on Ethereum—the funds on-chain have nearly doubled.
This isn't a price pump; real money has flowed into the pool. In the $ETH ecosystem, a single protocol achieving this kind of growth trajectory suggests that someone is building a large position.
The 7-day growth curve is right there at 180.1%—the funds have already voted with their feet. To gauge where ETH's on-chain activity goes next, keeping a close eye on this protocol's TVL is more useful than watching the candlestick chart. #OnChain
$ETH
The above content does not constitute investment advice. Please assess the risks for yourself.
This isn't a price pump; real money has flowed into the pool. In the $ETH ecosystem, a single protocol achieving this kind of growth trajectory suggests that someone is building a large position.
The 7-day growth curve is right there at 180.1%—the funds have already voted with their feet. To gauge where ETH's on-chain activity goes next, keeping a close eye on this protocol's TVL is more useful than watching the candlestick chart. #OnChain
$ETH
The above content does not constitute investment advice. Please assess the risks for yourself.