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TGINSIGHT POST
Post #2208
@alpha_updates
Alpha updates. 🪓
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EtherealDex Surges to 36% of HyperliquidX’s TVL Before Launch Whales are flowing into EtherealDex! Over the past 45 days, it has been on a steady upward trend, reaching a TVL of $718M even in the pre-deposit stage. It’s impressive to see it already capturing 36% of HyperliquidX’s TVL before launch. Could this be another breakout moment for ethena labs? Despite short-term dips, the stablecoin narrative is inevitable. I believe DeFi Summer will make a comeback—this time, powered by stablecoins.