The ecosystem on the Solana chain has been impacted a lot since the FTX incident. What is the current situation of Tulip?
Data from DeFilama shows that Tulip’s total locked value is $16 million, currently ranking 8th on Solana. Tulip has always been running very stably, with no bugs or user losses. The decline in TVL is mainly due to the large-scale depreciation of SOL and the overall impact of the total locked value of the Solana ecosystem. However, this doesn't hurt Tulip's fundamentals and it's business as usual.