TVL anomaly — % drop in <1h
Frax Finance's assessment for RD-F-098 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
T-09 v1 launch signal. TVL $298.58M (2026-05-16). 30d baseline approximately $314.7M (implied from -5.12% change). 1d change -3.86%. No single-hour drop >30% from 30d baseline in available daily series. TVL CoV 0.073 over 90d indicates moderate volatility not spike pattern. Tier-A threshold (TVL_now / TVL_baseline_30d < 0.70 in 60-min window) not breached. TVL decline is gradual and consistent with FRAX supply contraction during fully-collateralized migration. Signal would not fire today.
Sources #
- URLFrax Finance TVL — DefiLlama APIDefiLlama TVL: $298.58M current, -5.12% 30d, -3.86% 1d; 90d series CoV 0.073retrieved 2026-05-16
- Frax Finance data cache — DefiLlama TVL fields00-data-cache.json sources.defillama: tvl_usd=298581376, tvl_1d_change_pct=-3.86, tvl_30d_change_pct=-5.12retrieved 2026-05-16
Methodology #
Detect whether TVL drops >X% within 1 hour versus the trailing 30-day baseline (X configurable per protocol TVL tier).
See the full factor methodology and distribution across all protocols →