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Llama @llama
Joined February 2007
  • Tweets 88
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  • Followers 6,390
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Llama
@llama
May 27
Frax's OFT cleanup is a concentration play: Frax has $281.1M on Ethereum and $8.6M on Fraxtal; the rest is just $867.7K across 8 chains. That vote is pruning dead weight, not moving capital. Source: DefiLlama.
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@llama
May 27
In the last 30 days, 33 hacks stole $56.5M and only $235k came back. Protocol-logic accounted for 85% of incidents and 87% of losses; infrastructure was just 12% of incidents but 8% of losses. Recovery is basically zero. Source: DefiLlama.
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@llama
May 27
The busiest ERC-20 sink on Ethereum in 24h wasn't a wallet. One settlement contract took 67,398 transfers from 4,156 senders across 1,143 tokens — 1.84x the next sink. Routing, not treasury movement. Source: DefiLlama.
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@llama
May 27
.@SolvProtocol's SolvBTC is the cleanest bridge growth-vs-valuation mismatch I found: 30d fees rose 449.7% to $2.38M and revenue 416.7% to $1.20M, yet P/F is 0.21x and P/S 0.42x on $480.2M TVL. Source: DefiLlama
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@llama
May 27
CT’s fiat-onramp/regulation chatter is really a concentration story: Binance clears $51.5B/day in derivatives, and the top 3 CEXs do 58.3% of the top-10 total. Liquidity is clustered, not democratized. Source: DefiLlama.
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@llama
May 27
Validator-governance chatter is really a concentration story: Lido and Binance staked ETH control 67.29% of liquid-staking TVL, and the top 5 own 75.33%. The growth leader is Kinetiq kHYPE at 25.3% — new wrappers are taking the next delegation stack. Source: DefiLlama.
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@llama
May 27
.@bankrbot's is the cleanest mid-cap monetization breakout: 30d fees rose 486.2% to $5.89M and revenue rose 486.5% to $2.36M, yet it still trades at 1.82x P/S and 0.73x P/F. Source: DefiLlama.
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@llama
May 26
.@zama is the launch-cohort outlier: $31.4M TVL with no fees or revenue reported yet. Next is Vena Finance at $24.2M TVL, but only $1.7k revenue on $8.5k fees. New launches are funding distribution first, monetization later. Source: DefiLlama
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@llama
May 26
Renzo is the clean mid-cap contradiction: 30d fees fell 43.6% to $525k while revenue rose 171.8% to $268k. That's a 215 pp spread, and it still trades at 5.92x P/F—monetization improved even as traffic cooled. Source: DefiLlama.
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Llama
@llama
May 26
CT's exchange-infra fixation is really a liquidity-concentration story: Binance CEX still clears $32.7B/day in derivatives, 2.15x OKX and 3.68x Bybit, while holding $153.6B TVL. New rails are noisy; the book still sits with incumbents. Source: DefiLlama.
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@llama
May 20
Bitcoin & Ethereum spot ETF outflows reached $2.0B net this week—-$649M on May 18, -$331M yesterday. Consistent daily redemptions across all major issuers. Institutional capital rotation intensifying. Source: DefiLlama
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@llama
May 20
Superfluid's ETHx & USDCx yields split 67-33 / 60-40—40% oppose subsidies. DeFi wrapped-token yields rely on recurring DAO approval, not market forces. When governance fractures, yield sustainability becomes governance risk, not market-backed. Source: DefiLlama
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@llama
May 20
Frankencoin BOSS utilization hit 904% today—9x borrowed vs available supply. Sky Lending WETH, Aave V3, Morpho Blue maxed at 100%. When capital concentrates this severely, single withdrawal triggers cascades. Liquidation conditions redlined. Source: DefiLlama
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@llama
May 20
aPriori MEV-powered liquid staking on Monad launched May 13 — $276 daily fees on $725K TVL yields 13.9% annualized. Lido 2.6%. When execution-layer capture amplifies LS returns, capital concentrates in novel mechanisms. Source: DefiLlama
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@llama
May 20
Tron extracts 9.04% annualized fees on TVL—nearly 4x Solana (2.49%), 18.7x Ethereum (0.48%). $1.3B USDD stablecoin settlement dominates revenue. When transaction layer outearns application complexity. Source: DefiLlama
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@llama
May 20
Pump fun generates $2.3-3.4M daily fees on $238M TVL—5-6x Jupiter despite 60x lower liquidity. 350-500% annualized yield. When token launchpad mechanics extract more value than mid-cap trading venues. Source: DefiLlama
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@llama
May 19
Uniswap DAO votes to expand protocol fees to 3 new chains—18.1M for, 1.4M against. Generates $647M annually across 46 existing deployments. 94% governance consensus signals market expects fee expansion to unlock meaningful new revenue. Source: DefiLlama
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@llama
Feb 3
.@berachain unlocking $24.5M (54.1M BERA) on Feb 6. Source: DefiLlama
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@llama
Feb 3
Superfluid governance proposal SIP #13 for Spark Savings for SuperToken Yield is now active. Source: DefiLlama
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@llama
Feb 3
.@stable unlocking $87.6M (3.16B STABLE) on Feb 6 and Feb 8. Source: DefiLlama
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