Berachain has undergone a significant transformation, witnessing over $1.1 billion in net outflows and a TVL drop of more than 70%. This has raised concerns about the protocol's future and user trust. Recent on-chain data has brought Berachain into the spotlight for all the wrong reasons. Initially praised for its performance during the testnet phase, the platform is now experiencing a rapid decline, with data and user sentiment reflecting a lack of confidence. Artemis data reveals a substantial amount of capital leaving Berachain, with net outflows exceeding $1.2 billion. The community's outlook has also soured, with doubts arising about the platform's sustainability. Criticisms include marketing strategies and overall viability. The DeFiLlama TVL dashboard shows a significant drop, indicating diminishing liquidity and confidence. Berachain must address these challenges promptly to prevent further decline and maintain relevance in the DeFi landscape. Read more AI-generated news on: https://app.chaingpt.org/news