What can we see from this heatmap ? 👀
Check out the thread below!
$LUNA $UST
@terra_money 1. Overall
A great year when #TVL growth on DeFi shows no signs of stopping.
The BTC drop in May was just a test to give ecosystems time to gradually perfect their own pieces.
@terra_money 2.
In September, BTC plummeted again, but unlike May, Terra along with Sol & Avax are the three places that still keep the cash flow inside their ecosystem.
The reason comes from pieces such as DEX, Lending on these tier 2 blockchains which are complete and ready for cash flow.
@terra_money 3. Terra
With the Col-5 upgrade and the proposal about IBC integration, will Terra overtake Solana to return to the top 3 in the TVL rankings?
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