@yoshirin10
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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