Scroll TVL Plummets Due to Airdrop Hunters The total value locked (TVL) in Ethereum zkEVM scaling project Scroll (SCR) has dropped by a significant $170 million since reaching its peak on October 16th. This steep decline is attributed to the departure of "hunters" who staked SCR to qualify for an airdrop and subsequently withdrew their funds after the snapshot. The exodus of these airdrop hunters has left a noticeable dent in Scroll's TVL. Despite this setback, the project remains upbeat as it recently secured a listing on the prominent Binance exchange. Upon its listing, SCR surged to a high of $1.450 before settling at its current trading price of $1.247. Scroll's TVL decline highlights the impact of airdrop hype on DeFi projects. While airdrops can attract short-term interest, sustainable growth requires a solid foundation of real-world use cases and adoption.