Press ESC to close

Red flag? Mantra's TVL jumped 500% as OM price collapsed

Cointelegraph.com NewsThe total-value-locked (TVL) on Mantra’s RWA blockchain protocol reached a yearly high despite OM’s 90% price crash.Mantra TVL surges 500% following OM’s crashAs of April 15, Mantra’s TVL (in OM terms) jumped to 4.21 million OM (~$3.24 million), an increase of over 500% from two days prior, according to data resource DefiLlama.Mantra’s cumulative TVL chart. Source: DefiLlama.Interestingly, the TVL rise… 

​The total-value-locked (TVL) on Mantra’s RWA blockchain protocol reached a yearly high despite OM’s 90% price crash.Mantra TVL surges 500% following OM’s crashAs of April 15, Mantra’s TVL (in OM terms) jumped to 4.21 million OM (~$3.24 million), an increase of over 500% from two days prior, according to data resource DefiLlama.Mantra’s cumulative TVL chart. Source: DefiLlama.Interestingly, the TVL rise… 

Leave a Reply

Your email address will not be published. Required fields are marked *