3 天前
$SCA has thickest onchain LP among all lending dexes on Sui Many people might have not put much attention to it, but having high amount of Liquid asset in LP pair makes your asset more stable & primed to get not get hit with sudden dumps. Liquid Assets in LP of Lending protocol tokens = ▫️ $SCA = 660k USDC & 235k Sui in LP (total = $1.2M+) ▫️ $SEND = 170k USDC & 20k Sui (total = $220k+) ▫️ $NAVX = 130k Sui (total = $325k+) Ratio of Liquid Assets in onchain LP : Mcap ▫️ $SCA = 12.9% ▫️ $SEND = 1.125% ▫️ $NAVX = 1.16% Why is it important? => More liquid assets in LP makes the token more stable & less affected by manipulation. In simpler words, liquid assets in LP represents how much a token can bear sell pressure i.e, bigger LP = can face big sell pressure w ease & little dump.
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