SVM High-Performance Public Chain's "Four Kings" are experiencing severe capital outflows, and Soon Network's TVL is nearly zero.

CycleProphet · 2026-04-07T03:26:11+00:00

Recently, KOL yyy cited DeFiLlama data stating that the on-chain TVL of the four high-performance public chains in SVM—Solayer, Eclipse, Fogo, and Soon—has significantly declined. Solayer dropped 97.13% to $14.96 million, Eclipse fell to $1.38 million, Fogo only $1.09 million, and Soon nearly zero. Fogo was also canceled from public sale due to overvaluation.

CycleProphet

2026-04-07 03:26:11

Abstract generation in progress

Deep Tide TechFlow message, April 07, according to KOL yyy citing DeFiLlama data, the “Four Heavenly Kings” of the high-performance public chains that were once popular with the market—Solayer, Eclipse, Fogo, and Soon—have seen their on-chain TVL completely collapse. Among them, Solayer’s on-chain TVL is now only $14.96 million, down 97.13% from its peak; Eclipse’s on-chain TVL is now only $1.38 million, down 97.18% from its peak; Fogo’s on-chain TVL is now only $1.09 million; Soon’s on-chain TVL has nearly gone to zero. Fogo previously claimed it was “faster than the speed of light,” but it was forced to cancel its public sale due to an excessively inflated valuation, and its token has been cut down to size since its TGE in less than three months.

SOON-2.07%

LAYER1%

ES-3.37%

FOGO-7.24%

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