2026-01-08 01:23:55

ListaDAO has been live on Ethereum for just one month, and its performance has already far exceeded expectations. The data speaks for itself: TVL has surged from $2 billion to $3 billion, a 50% month-over-month increase. This is not just a numerical growth; the underlying market logic is even more worth analyzing.

From "Pond" to "Ocean" Cross-Chain Expansion

Previously, ListaDAO mainly focused on the BNB Chain ecosystem, attracting stable yields. But after entering the Ethereum market, the entire landscape changed dramatically. Why? Simply put, Ethereum means access to a broader range of capital tiers.

Official data shows that 35% of new users after cross-chain are from Ethereum, including institutional investors, large holders, and professional market makers. These users tend to hold long-term—retention rate exceeds 65%. Compared to retail traders who frequently enter and exit, institutional-level users provide a more stable capital base for the protocol.

Yield Differentiation Creates New Opportunities

The amount of idle capital on Ethereum is enormous, and DeFi products like ListaDAO’s RWA yield farming and staking offerings are highly attractive to these funds. Products such as slisBNB staking and lisUSD lending, with their steady yields, quickly become high-yield alternatives. This explains why TVL can grow 50% in just a month—supply and demand mismatch has been activated.

Cross-chain arbitrage opportunities are also opening up. Users can stake slisBNB on BNB Chain to earn basic yields, then bridge to Ethereum to participate in new liquidity mining, or use lisUSD for market making to earn fees. The multi-layered flow of funds and the resulting yield effects are evident. This compound yield model is attracting more participants seeking to maximize capital efficiency.

Can Ecosystem Incentives Sustain Growth?

Recently, ListaDAO launched an ecosystem contribution incentive mechanism, aiming to convert ordinary users into ecosystem participants and promoters. If executed well, this model can create a self-reinforcing growth cycle. But the key still lies in the sustainability of yields and the product’s competitiveness.

Overall, $3 billion TVL is just the beginning. If institutional funds continue to flow in and product innovation persists, reaching $5 billion by the end of the year is not out of reach. However, it’s important to monitor whether growth can be maintained and user activity remains stable—these factors are crucial for the project’s long-term prospects.

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BlockchainBrokenPromise

· 01-11 01:04

It's time for institutions to start selling when they buy the dip. A 50% increase in a month can't possibly continue... They still want to reach 5 billion by the end of the year, TMD, they've overhyped it.

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CryptoGoldmine

· 01-10 18:07

A 50% growth rate, with an institutional retention rate of 65%, these numbers look stable. The key is whether the return on computing power can be maintained. Monthly growth from 20 to 30 billion indicates that supply and demand mismatch has indeed been activated, but how long it can sustain remains to be seen. The compound return model for cross-chain arbitrage is good, but keep a close eye on the stability of lisUSD, as it is a critical variable. TVL growth is easy, but user activity is the real test. Retail investors come and go quickly, while institutional stickiness is the core. Hearing about a 5 billion target by the end of the year sounds great, but the risks of chasing high now should also be considered, and expect some pullback. Ethereum's idle capital is indeed large, but competitors are also competing fiercely. Lista's moat isn't as deep as it might seem. A retention rate exceeding 65% is a bit optimistic; it's recommended to look at a longer cycle. Data over three months is more meaningful for reference.

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BitcoinDaddy

· 01-10 14:21

50% growth in one month? Come on, is this real money or are they just trying to cut again? The high proportion of institutional investors actually makes me a bit nervous. What if everyone runs away together then? Nice words, but it's just an arbitrage opportunity being opened up. Honestly, it's still short-term speculation. 50 billion by the end of the year? Those are just inflated numbers. Let's see if it lasts until next year.

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WhaleShadow

· 01-10 05:51

Institutional funds entering the market work like this; a 50% growth in a month is entirely reasonable. The key is whether this wave of enthusiasm can be sustained, otherwise it will just be a fleeting arbitrage game.

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RetailTherapist

· 01-08 01:53

A 50% growth sounds sexy, but will institutions really hold on? I think it depends on how the subsequent product iterations turn out. --- Is lisUSD lending yield really that stable? Feels like it's similar to other protocols. --- Cross-chain arbitrage sounds cool, but after calculating gas fees, how much profit is left? --- 50 billion by the end of the year? Come on, let's see how user retention looks next month first. --- Institutional entry is a good thing, but doesn't that also increase the probability of retail investors getting cut? --- Why do slisBNB and lisUSD become high-yield alternatives? Are there benchmark competitor data? --- 30 billion to 50 billion, the middle 30 billion is the hardest part, that's true. --- The ecological incentive mechanism is back again; it seems every new project is playing this routine.

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SwapWhisperer

· 01-08 01:52

50% growth in one month, come on, can these numbers really hold up? Does institutional entry mean stability? I feel like the next wave of withdrawals might actually be even more intense. Hitting 5 billion by the end of the year? Let’s wait and see the September market trend first. It all sounds plausible, but what happens when the arbitrage space is saturated? This kind of incentive model is basically the last game of hot potato. TVL numbers look good, but where are the real profits in actual cash? It feels like a major transfer of funds on the BNB chain, not new capital inflow. The risk keywords for lending products are never mentioned. 35% of new users sounds like a lot, but maybe 90% are just bottom-fishing. Is this model really new on Ethereum? Feels like the tricks are a bit familiar.

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CoffeeNFTs

· 01-08 01:46

Hmm... a 50% increase sounds impressive, but can it be sustained for a month? It seems institutions are mainly looking at short-term arbitrage. The fact that institutions retain 65% is a bit questionable; let's wait until the mainnet permission modifications are announced. Cross-chain market making with lisUSD is indeed possible, but with such high fees, is there really that much room? Growing from 3 billion to 5 billion depends on how aggressive their subsequent airdrops will be. To put it nicely, I'm just worried it might be another fleeting cross-chain narrative. Actually, the main issue is whether lisUSD can maintain its stability; that's the core. I believe institutions are genuinely entering, but they are also here to cut retail investors. These data points are hard to compare without benchmark projects; when did Lido become so quick?

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NftDeepBreather

· 01-08 01:44

A 50% growth rate is really sustainable, but the key still depends on whether institutional funds will continue to buy in. --- This cross-chain arbitrage logic is really playing out creatively, but I'm just worried there won't be new stories to build on later. --- An institutional retention rate of 65% sounds good, but I'm more curious whether they'll suddenly run away one day. --- I've heard too many stories about TVL doubling; let's wait until the end of the year to see. --- Compound returns sound attractive, but I'm just afraid that if fees go up, no one will want to play anymore. --- How stable are staking yields? Has anyone actually experienced it? --- Ethereum funds are indeed abundant, but it feels like every new project claims it will come to "suck blood." --- Is lisUSD a serious product or just another fleeting trend? It's hard to say. --- Going from 3 billion to 5 billion, with a bunch of unknowns in between—don't be too optimistic. --- Cross-chain expansion sounds impressive, but in reality, it's just copying the same logic across different chains.

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HappyMinerUncle

· 01-08 01:32

50% growth in one month, this speed is indeed quite impressive. Institutional entry makes a real difference. --- It seems that the returns from lisUSD lending are the main attraction; otherwise, it wouldn't attract so much idle Ethereum. --- The compound returns from cross-chain arbitrage are indeed interesting, but the risks need to be carefully considered. --- 50 billion by the end of the year? A good idea, but I'm worried that the growth rate might not sustain after this month. --- An institutional user retention rate of 65%—if this data is accurate, it really speaks volumes. For retail investors to achieve half of that is already quite good. --- Will this kind of RWA product remain stable in the long term, or is it just another wave of hot money coming in and out? --- Every time, it's said that ecosystem incentives can create self-reinforcing growth, but the key is whether the product has real demand. We've seen too many flash-in-the-pan projects.

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GasGuzzler

· 01-08 01:26

A 50% monthly growth rate, wow, now it depends on how long the institutions can hold up Don't fall for the same trick of just cutting retail investors and then institutions... Is the yield of lisUSD really stable? I have a feeling something's about to go wrong 50 billion TVL? Come on, if it can hold onto 3 billion, that's already good Cross-chain arbitrage sounds appealing, but the gas fees are killer

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