Is it just me, or $SILO is completely mispriced?
During the hyper DeFi phase on Sonic, they delivered tons of yield opportunities, and now they’re doing the same on Avalanche.
What really surprises me is the Mcap, just $16M, with a $38M FDV. That puts the Mcap/TVL ratio at 0.03, one of the lowest in the space right now.
+ 20% of $SILO is locked in xSILO, which significantly reduces sell pressure.
All the metrics point toward healthy growth, both in TVL and unique users, which keep increasing steadily.
From what I see, real DeFi users are leveraging Silo heavily to boost their yields. And Silo