The TVL of $RDNT rdnt has almost run out, dropping from a peak of several hundred million to now less than 4 million locked.

Thinking back to the end of last year when I bet on lbr and rdnt, these two DeFi newcomers, if I hadn't switched positions, I would have really been left with nothing.

The basic strategy is that the protocol uses extremely high returns to attract large investors to create TVL; if it can rise and the buying power is strong enough, it's a positive cycle; if it can't rise, then large investors will mine it down and then run away.