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Some time ago, I looked at the data of a well-known DeFi protocol—its total liquidity once reached $327M. After this wave of de-pegging risk events in the decentralized finance market, the ecosystem indeed experienced a significant outflow of funds, which is quite stimulating for anyone involved, regardless of how or why it happened. But on the other hand, there is still about $310M of liquidity securely locked in, and this number itself indicates something—although the market has had its ups and downs, confidence has not completely collapsed. This resilience maintained amid turbulence is worth paying attention to.