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Wu said that, according to DeFiLlama data cited by KOL yyy, several well-known SVM public chains have recently faced severe capital outflows. Among them, Solayer's on-chain TVL dropped to approximately $14.96 million (a 97.13% decline from its peak); Eclipse's TVL fell to $1.38 million (a 97.18% decline); Fogo's TVL is about $1.09 million; and Soon Network's TVL is nearly zero. At the same time, Fogo Chain was criticized for canceling its public sale due to overestimated valuation, and its token price plummeted within three months after TGE.