Berachain has cratered 92% since launch, plummeting from $0.568 to current levels—a stunning reversal for what was once a heavily hyped project. The damage extends deeper: TVL has hemorrhaged 88%, collapsing to just $267m from its peak. The root cause? The Proof of Liquidity mechanism is fundamentally broken, burning tokens without generating corresponding value. This design flaw has proven catastrophic, forcing a complete redesign.
The exodus is real. Developers are already forking toward Monad, signaling lost confidence in the ecosystem. Yet not everyone is panicking. Greenlane capitalized on the bloodbath, scooping up $8m worth of tokens between $0.87-$0.92 in December—a calculated bet that current prices represent opportunity. With the project now sitting at a $79m market cap, the question isn't whether Berachain survives, but whether the incoming changes can restore any credibility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
AirdropHunterZhang
· 7h ago
Oh no, another all-in project crashes to pieces with a 92% drop... This is my daily routine.
The free-claimed BERA has already been wiped out. If I had known, I wouldn't have hoped to break even. Running away early is the way to go.
That group at Greenlane is really ruthless. They scooped up at the bottom. I need to remember this tactic.
We electricity bill folks can only watch the redesigned promises and can't afford to gamble on this reinvestment.
View OriginalReply0
ForkTrooper
· 12h ago
Laughing out loud, BeraChain went from 0.568 to now... this is what you call a "grand vision"
---
PoL mechanism burns coins but produces no value, how absurd is this design
---
Developers ran to Monad, which means they understand everything
---
Greenlane bought the dip at 0.87-0.92 with 80 million, is it gambler's psychology or genuine optimism?
---
A project with a market cap of 79 million talking about "revival" should have asked if it can survive first
---
TVL plummeted 88%... isn't this a death spiral? Redesigning won't save it
---
Does anyone still believe in their "completely redesigned" plan? Uh... maybe
---
A 92% drop combined with 88% TVL loss is just outrageous
---
Greenlane's move definitely has insider information, otherwise who would risk 80 million at this time
---
BeraChain is now a game of who has a strong mentality
View OriginalReply0
probably_nothing_anon
· 12h ago
92% decline... This design flaw is really incredible, burning tokens without value, who would want to play like this
The developer left Monad, what does that mean... no more confidence
Wait, does Greenlane still dare to buy the dip? Honestly, I think this guy is crazy or I'm the crazy one
Can a redesign save it? Who doesn't have some sense of B in their mind...
Just waiting to see the subsequent updates, but frankly, this reputation index probably can't be recovered
View OriginalReply0
ShibaMillionairen't
· 12h ago
Berachain this wave really made me laugh to death. It dropped from 0.568 to now, with a mechanism so badly designed that it needs to be redone. This is a textbook case of failure.
Everyone has moved to Monad, and Greenlane is bottom-fishing with 80 million in chips... The gambler's mentality is still backed by the confidence of the wealthy.
Can a redesign save it? I'm not very optimistic. Once confidence is shattered, it's very hard to repair.
It seems like more and more Web3 projects are crashing... They start with grand promises, but if the mechanism has issues, it's game over.
By the way, has anyone bought Berachain at the low? Or have they all run away to other chains?
The liquidity mechanism design clearly didn't think it through—burning tokens that don't generate value... it's a suicidal design.
With a market cap of 79 million, it feels like waiting for death or a miracle. There are no other options in between.
View OriginalReply0
BlockchainGriller
· 12h ago
Bro, this design flaw is just too outrageous, can't even burn coins to create value
---
Wait, Greenlane really has guts to scoop the bottom... I need to take another look
---
92% decline, outrageous as it is, let's see what they look like after the redesign
---
Developers have all moved to Monad, how much is this ecosystem going to collapse
---
No, why didn't they fix the PoL mechanism when it was so bad... it's a bit late to start now
---
I just want to know if this project can turn around after the redesign, the bet is too tight
---
88% of TVL is gone, who would still dare to touch it... unless there's really a turning point
Berachain has cratered 92% since launch, plummeting from $0.568 to current levels—a stunning reversal for what was once a heavily hyped project. The damage extends deeper: TVL has hemorrhaged 88%, collapsing to just $267m from its peak. The root cause? The Proof of Liquidity mechanism is fundamentally broken, burning tokens without generating corresponding value. This design flaw has proven catastrophic, forcing a complete redesign.
The exodus is real. Developers are already forking toward Monad, signaling lost confidence in the ecosystem. Yet not everyone is panicking. Greenlane capitalized on the bloodbath, scooping up $8m worth of tokens between $0.87-$0.92 in December—a calculated bet that current prices represent opportunity. With the project now sitting at a $79m market cap, the question isn't whether Berachain survives, but whether the incoming changes can restore any credibility.