DeFi· ★★★· bearish·

Scroll TVL collapses 98.5% to $8.65M as 30-day chain revenue hits $450

  • —Scroll TVL is down 98.5% from $585M in October 2024 to $8.65M
  • —30-day chain revenue was about $450, or roughly $15 per day
  • —Daily revenue swung from a $29 loss on October 1 to $51 profit on October 2
  • —Scroll plans a pivot to a private L2 for AI agents, with no timeline disclosed
Why it matters: The liquidity drain and near-zero revenue raise doubts about Scroll's viability as a general-purpose L2 and add pressure on its token.
Source: TokenPost