TVL grows from Real Yield Credibility + Depth Signaling + MM Confidence
Target Path
Alpha traction β Beta confidence β TGE trust β Whale LP entry β Fund LP entry
| Quarter | TVL Target | Main Driver |
|---|---|---|
| Q1 Launch | 120M | Genesis LP + Early funds |
| Q2 Expansion | 220M | Proven fee yield |
| Q3 Institutional | 340M | Fund + MM scale |
| Q4 Maturity | 500M | Network dominance phase |
TVL ($M)
500 | β 400 | β 300 | β 200 | β 100 | β +--------------------------- Q1 Q2 Q3 Q4
Key Ratio: Volume / TVL
| Vol / TVL | Market Status |
|---|---|
| < 2x | Underutilized liquidity |
| 2x β 5x | Healthy exchange |
| 5x β 10x | Strong competitive |
| 10x+ | Dominance zone |
| TVL | Volume Needed for Dominance |
|---|---|
| 200M | 2B monthly |
| 350M | 3.5B monthly |
| 500M | 5B monthly |