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whiz
@0xWhizMiz
Writing about DeFi infrastructure | Turning protocol mechanics into narratives
Joined February 2023
944 Following    1.9K Followers
So @protocol_fx TVL is up almost 3x since February but interestingly $FXN’s valuation is basically unchanged $160M+ TVL $2M Mcap > $FxUSD supply is UP > Yield is Up > TVL is Up > Usage is Up Same token price That kind of mismatch usually does not last forever.
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f(x) fits this market regime almost too well Users finally want three things: – real yield – better leverage design – more credible stable exposure That's not a wishlist. That's exactly where the f(x) has depth( I've covered this very well in my recent posts) After enough cycles, people run out of patience for fake yield, fragile stablecoins, and leverage products designed like punishment engines That's when cleaner systems start getting reevaluated Not because the market got smarter overnight but because pain improved its standards Good products can exist early. Good narratives arrive later. The best setups are when the product was built before the market was ready to talk about it properly That's exactly what the tvl growth of f(x) has proved in recent months while billions left broader defi ecosystem Deep $FXN alpha in the quote post below, don't miss it👇
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