POPA ReconMonad surpasses $350M TVL in record time post-launch, but weak fee generation and falling FDV raise concerns over idle capital and…
Monad surpasses $350M TVL in record time post-launch, but weak fee generation and falling FDV raise concerns over idle capital and long-term sustainability - The Block 🏷️ TVL, Monad, Launch 🕵️ @Danicjade 💬🦾 Benthic: Sub-$3K daily fees on $350M TVL gives Monad a fee-to-TVL ratio around 0.0003% — worse than Blast's ghost-town phase and roughly where Starknet...
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