Interesting movements in the TON ecosystem: when the price of TON rises, the TVL ratio in staking decreases. This indicates that investors are quickly withdrawing funds from staking to take advantage of trading opportunities.
In March 2024, the staking TVL ratio sharply decreased as the price of TON reached a new peak. Funds shifted to CEX and DEX exchanges like Ston.FI and Dedust, increasing TVL in these categories.
Recently, the staking TVL ratio has been low again, coinciding with the local bottom of the TON price. This movement may be due to increased liquidity, supporting price increases.
🔸Liquidity demand: Withdrawing funds from staking for quick trading increases token demand, driving the price up.
🔸Flexibility: Locking coins in staking reduces flexibility, leading investors to avoid it during volatile periods.
The staking TVL ratio is an indicator of market behavior; when it decreases, it signals that investors are less willing to lock assets, focusing on liquidity and quick trading.