🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
Recently, the lock-up position data in the DeFi circle has been a bit grim. From the beginning of October until now, in less than two months, the total value locked (TVL) in the entire DeFi sector has plummeted from $171.99 billion to $114.6 billion, evaporating more than $57 billion. The decline exceeds 30%, and this speed is indeed quite alarming.
Looking more specifically, protocols like Lido, EigenLayer, and Ethena have seen their TVL shrink by more than 20% in the past month. During market downturns, liquidity contracts this quickly. This round of adjustments has basically eaten away more than half of the previous growth.