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If you track TVL you are late.
The Alpha Signal
Capital Velocity is the real signal.
Solana is outperforming Ethereum.
Ratios:
$ORCA 8.746
$UNI 3.676
$BAL 1.139
Orca drives 3.16B in volume with a fraction of the TVL.
$ETH DeFi is heavy.
$SOL DeFi is efficient.
The rotation has already started.
Do not ignore it.