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

DeepFlowTech · 2026-04-07T03:26:54+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.

DeepFlowTech

2026-04-07 03:26:54

Abstract generation in progress

Deep Tide TechFlow message: On April 07, citing DeFiLlama data referenced by KOL yyy, the on-chain TVL of the “Four Heavenly Kings” high-performance public chains—SVM—Solayer, Eclipse, Fogo, and Soon, which had once been highly sought after by the market, has completely collapsed. Among them, Solayer’s on-chain TVL is down to $14.96 million, a drop of 97.13% from its peak; Eclipse’s on-chain TVL is down to $1.38 million, a drop of 97.18% from its peak; Fogo’s on-chain TVL is down to $1.09 million; and Soon’s on-chain TVL has nearly reached zero. Fogo had previously claimed it was “faster than the speed of light,” but due to an excessively inflated valuation, it was forced to cancel its public offering, and its token has been “cut down to the knee” in less than three months since the TGE.

SOON-1.2%

LAYER5.92%

ES-0.89%

FOGO-6.21%

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