TVL stability (CoV over 90d)
Fluid's assessment for RD-F-084 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
TVL ranged from ~$300M (April 2024 launch) to $1.61B peak (January 2025) to ~$700–800M (post-March 2025 Resolv event, $300M+ single-day outflow) to ~$1.81B (late April 2026) to ~$942M current (DefiLlama, 2026-05-07). A second large step-down (~48% over ~8 days, late April -> early May 2026) compounds the March 2025 event. Full daily series not available (DefiLlama HTML 403); precise CoV not computable. Two known large step-down events; full-period CoV is elevated. Yellow at medium confidence.
Sources #
- InternalFluid Data Cache — TVL MetricsData cache: tvl_usd 931376712, tvl_30d_change_pct 2.89, tvl_1d_change_pct 1.24retrieved 2026-04-29
- The Defiant — Fluid Outflows March 2025The Defiant: >$300M single-day outflow March 2025, worst in protocol historyretrieved 2026-04-29
- https://api.llama.fi/tvl/fluidretrieved 2026-05-06
Methodology #
Compute the coefficient of variation (σ/μ) of daily TVL over the trailing 90 days as a proxy for operational stability.
See the full factor methodology and distribution across all protocols →