Monad pushed to a new TVL high, with steady growth since launch even in a risk-off market.

Flows are clearly supported by incentives like Momentum, but the fact that capital is still rotating in while broader activity is slowing stands out.

Morpho and Steakhouse are doing the heavy lifting here, which tells me this is not just mercenary liquidity, but targeted deployment into yield strategies. Add the potential $30M buyback from Category Labs, and you get a reflexive setup where liquidity and narrative reinforce each other.
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〽️ Crypto Pulse 👉 @degendaoinfo #crypto