The health of a public chain or Rollup cannot be assessed solely by the number of transactions; it is also essential to consider TVL (Total Value Locked) and liquidity utilization rate.
Caldera performs excellently in this regard as well.
According to Messari data, its ecosystem TVL has already surpassed 400 million USD, and this portion of funds is not 'stagnant'; it is effectively aggregated and utilized through Metalayer.
In traditional models, funds across different chains are often isolated, leading to inefficiencies. However, in Caldera's Metalayer, liquidity can be shared across chains.
For example, when a user deposits stablecoins on one chain, liquidity providers can immediately mobilize those funds on another chain. This 'cross-chain capital efficiency' not only enhances capital utilization but also reduces the fragmentation of liquidity.
This is a tremendous advantage for DeFi protocols.
In the past, they needed to deploy versions across multiple chains and attract liquidity, but now, by simply connecting to Metalayer, they can naturally gain support from multi-chain funds. Users also benefit from lower slippage and faster matching.
Behind the growth of TVL is the cross-chain flywheel created by Caldera: more funds → better experience → more users → more applications → leading to even more funds. This cycle is bringing Caldera's capital efficiency closer to the level of 'internet-grade financial systems'.
