Interesting point about Fluid — they're pushing decent volume too. Though if you dig into Plasma's TVL breakdown, looks like most of Fluid's locked value there is actually parked on the lending side of things. The usual DeFi story really.

FLUID1.3%
XPL2.37%
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LiquidityWitchvip
· 6h ago
ah, the classic lending pool alchemy transmutation... fluid's got that surface glamour but the real gold's all trapped in the lending sacrifices, yeah? tvl theater at its finest. so much borrowed liquidity, so little actual yield summoning going on. the protocols really said "let's just call it volume" lmao
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BlockchainArchaeologistvip
· 12-06 00:57
Nah, this is a typical lending mining scheme. The numbers look good, but the reality isn't like that at all.
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metaverse_hermitvip
· 12-06 00:55
Nah, it's the same old story. Who is actually using that locked TVL in the lending sector?
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NFTBlackHolevip
· 12-06 00:53
All the liquidity is piled up on the lending side; this trick is getting old.
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LayerZeroJunkievip
· 12-06 00:36
That whole lending thing is just the same old trick. Wake up, everyone.
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