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TVL统计口径不一致,Mega的数据包含了Native Token $MEGA,而Monad的数据没有包含$MON,而且把Mega的原生稳定币USDm也算进Bridged TVL了。
所以这里我们只看Third Party的占比:
剔除Native Token后,通过第三方桥和特定资产通道进入Mega的外部资产占比约为57.0%,而Monad为30.6%。
第三方桥带来的流动性,可以帮助新链快速冷启动。但在分析TVL的含金量时,Third Part的占比过高,意味着资金更策略化、更不稳定,主要跟着短期激励走。(后面会详细证明)