Although it seems that the number is too much worse than other top Defi projects with TVLs of hundreds of millions of US dollars, it is not worth mentioning, but its 24-hour trading volume is just at 50 million US dollars, which shows that the effective utilization rate of its TVL is very high, and it belongs to the short and powerful type. Binance also understands what those projects that seem to have high TVL are all about, so from this perspective, "making" TVL, which I really think is a very abnormal thing, should be stopped for a while. From the perspective of low market value, no VC, low TVL and high trading volume, Binance may be undergoing a de-bubble movement. The current anxiety is left to those projects with high market value, large VC, high TVL and low user volume that failed to issue coins during the golden window period at the beginning of the year.
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According to the current listings, except for small-cap projects, it can be clearly felt that Binance's strategy is not to let you predict its predictions. If the calls for some projects to be listed on Binance are higher, Binance may not list them, or it may meet the needs of some people by listing contracts, but in fact, listing contracts is essentially bad news, not good news. THENA is indeed not well-known, and I have not learned about it before. After a simple look, it can almost be said to be a completely VC-free project. It only raised 600,000 US dollars at the end of last year. 😂 Currently, its TVL is 50 million US dollars.
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