Narrative
Hook: Significant liquidity drain observed on Lighter. What happened: The total value locked (TVL) in the pool dropped by 63.8% in 24 hours, from approximately $589K to $213K. Why it matters: This sharp decline may indicate increased slippage risk or serve as an exit signal for investors. Receipts: TVL fell from $589K to $213K; the drop represents a 63.8% decrease within 24 hours. How to verify: Check the current TVL on the pool; monitor trading volume and transaction frequency; observe market sentiment around Lighter.