To put it bluntly, the TVL of many DeFi projects is just moving funds from one hand to the other. Real liquidity? It doesn't exist—it's all just being shuffled around across chains to keep up appearances. Looking good on the data is what matters; as for whether the money is actually sitting in the protocol, who really cares?
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0xOverleveraged
· 13h ago
Damn, so this is the truth. I’ve long thought those numbers were all fucking fake—a bunch of funds just moving around and playing shell games with each other.
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ColdWalletGuardian
· 19h ago
Everyone understands, the mirrored liquidity strategy has long been seen through—it's just a numbers game.
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MidnightMEVeater
· 19h ago
Good morning, 3 a.m. TVL is basically a magic mirror—it might look pretty in numbers, but the real liquidity has long since evaporated. What's left is just bots dancing around. They're masters at playing the shell game, shuffling assets from one hand to the other, and in the end, all that cross-chain arbitrage just empties out their own pockets.
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BridgeNomad
· 19h ago
tvl migration patterns across chains... yeah, seen this movie before. the liquidity fragmentation gets worse every cycle – watched three separate bridge exploits unfold because of exactly this kind of counter-party risk blindness. nobody wants to talk about slippage tolerance on their "real" flows tbh
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CryptoTarotReader
· 19h ago
It's just a numbers game, I've seen right through it. The real money has long since left.
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GasFeeAssassin
· 19h ago
Isn't this just the usual trick nowadays? As long as the numbers look good, that's all that matters.
To put it bluntly, the TVL of many DeFi projects is just moving funds from one hand to the other. Real liquidity? It doesn't exist—it's all just being shuffled around across chains to keep up appearances. Looking good on the data is what matters; as for whether the money is actually sitting in the protocol, who really cares?