Horseshoe Chain @0xPolygon seems calm on the surface, but in reality, there are undercurrents, as if brewing some opportunity.
In the past week, on-chain data has shown significant changes, with a net inflow of $150 million in funds over 7 days.
Combined with Defillama data, the market value of stablecoins on Polygon has surged by 20% in the past week, indicating that the massive influx of funds into the Polygon chain mostly comes from stablecoins.
So where are these stablecoins flowing in the Polygon ecosystem?
Among the top-ranked protocols by TVL, the prediction market @Polymarket has absorbed approximately $12 million, Uniswap about $16 million, and other protocols show no significant changes in TVL. There is a huge gap between the liquidity of stablecoins flowing into the on-chain ecosystem and the $150 million inflow.
I have reason to believe that these stablecoin whales are waiting for an opportunity on the Polygon chain; have they discovered something?
