The overall market is experiencing a big dump, with the coin prices and product data (such as TVL, users, etc.) of almost all projects showing a downward trend.

Here is a nice point.

It means that if there are projects that can go against the trend.

Then it’s a very simple logic: when the market is bad, data can still grow; when the market is good, doesn’t that mean it will take off from the same spot?

Yes, there really is such a project.

I found that the TVL of @Terminal_fi is slowly increasing.

Currently, Terminal has become the number one project in the Ethena ecosystem.

From the market perspective, I think that even if it's not the bottom, it should be close enough.

In the current very hard projects, it will be even harder after the bull market begins.

The terminal now has a TVL of 270 million, aiming for 500 million once the market improves, and then 1 billion.