The new public chain Plasma went live, and a 'lightning battle' for funds unfolded.
DeFi lending leader Aave opened deposits on its chain for only three days, and the total has already surpassed 6.5 billion USD, with an average daily capital inflow exceeding 1.5 billion USD—this scale is a 'phenomenal record' for the early stage of a public chain launch.
In three days, 6.5 billion! Aave made history on Plasma.
No preheating, no long-term layout, the Plasma chain almost became an overnight sensation.
Aave, as one of the first top protocols to settle in, rapidly became a gateway for funds, with high yield expectations attracting a large amount of profit-seeking capital to 'cross-chain migrate.' Some users joked: 'This growth rate feels like DeFi in a day, a year in the human world.'
Why does Plasma have such magical power?
1. Ultra-high yields, real fragrance warning. Liquidity mining annualized (APY) once approached 24%, compared to traditional financial markets and most DeFi protocols, it can be called a 'yield black hole.' Many large holders transferred assets overnight, stating, 'If we miss this wave, we may miss an entire bull market.'
2. Aave's strong endorsement, confidence is more important than gold. As a 'veteran aristocrat' in DeFi, Aave's choice to settle in is a recognition of Plasma's strength. Some players have stated: 'If Aave dares to come, we dare to rush.'
3. Early bonuses, if not grabbed, will be a loss. Every new chain's rise is an opportunity for ordinary users to 'overtake on a bend.' Plasma's total locked value (TVL) surged to 5 billion USD in three days, easily surpassing predecessors like Base and Arbitrum in Layer 2, with wealth effects visible to the naked eye.
Behind the carnival, hidden worries emerge.
Although the current data is dazzling, some analyses point out that high yields rely on token incentives. Once subsidies decline, whether funds will continue to remain is still an unknown.
However, Aave's recent operations have undoubtedly set an example for the industry: the 'user window period' at the beginning of a new public chain launch is a strategic opportunity for the protocol to rapidly scale and capture traffic.
The ecosystem has taken off, and the future looks promising.
Currently, 17 DeFi protocols have gathered on the Plasma chain, with its native token XPL's market value exceeding 2.6 billion USD.
Aave's 'good start' is just the beginning. Whether Plasma can transition from 'explosive popularity' to 'sustained popularity' will depend on whether it can continue to create a highly sticky product matrix.
The battle for the new public chain has entered the 'blitzkrieg' era, and Plasma proved its explosive power in just three days. Are you ready to board this high-speed train? Feel free to leave your thoughts in the comments!
