📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Analyst: TVL of multiple Decentralized Finance projects, including Polygon, has dropped over 90% since the last cycle.
Odaily Planet Daily News On-chain analyst @0xThoor wrote in X, 'Based on DefiLlama TVL data indicators, many chains of the past few years/cycles are now completely dead:' $1.7 million (-99.9%) • Aurora: 13 billion US dollars -> 14 million US dollars (-98.9%) $2.4 million (-99.3%) 8 million dollars (-96.1%) $300,000 (-97.5%) Polygon TVL has also decreased by 92% from $9.9 billion in 2021 to $770 million, while the TVL of Polygon zkEVM (which was heavily promoted some time ago) is only $6 million. In the next few years, it is expected that more projects will follow suit.