MITO has seen a day-by-day surge of 32% over the past two days. It’s now at 0.0278u, rebounding by 62% from a historical low of 0.0172u that was just set 6 days ago.

This project turns liquidity positions in DeFi into something that can be freely composed and traded, so ordinary people can also get access to yield opportunities that were originally only available to institutions. Coin holders can also take part in decisions on how the funds are allocated.

Its all-time high was 0.4261u, set last September. Now it’s down by about 93%. In the past few days, it has rebounded near its historical lows, and the volatility has been quite high.

With a project like this, there’s currently no clear internal momentum driving the price higher. This rebound looks more like capital is betting on an oversold rebound—there hasn’t been any specific new progress or good news to support it #GUSD年化升至3.8% $MITO