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CLO has recently performed remarkably well, with a 24-hour increase of up to 42%, and its market capitalization has once again surpassed the $50 million mark. This round of growth is not without foundation; there are three solid supporting factors behind it.
First is the confirmation of fundamentals. The deep integration between CLO and Yei Finance has brought real use cases with tangible value. As the most core DeFi protocol within the Sei network, Yei Finance's TVL has risen to the second-highest position in the Sei ecosystem. This data does not lie — the true value of the project is being continuously validated by the market and capital, rather than mere hype.
Second is the significant improvement in liquidity. In the past 24 hours, CLO's trading volume surged to over $80 million, indicating genuine participation from both buyers and sellers. Based on the trigger price of 0.4500, data such as a 5.34% increase in 5 minutes and a 6.74% increase in 30 minutes suggest that selling pressure is not heavy, and market sentiment is positive but not extreme.
Finally, the strengthening of ecosystem expectations. As the Sei ecosystem heats up, Yei Finance, as a key protocol within it, is attracting more capital and developer attention. The market generally believes that under the influence of the "Sei season," CLO still has room for further breakthroughs. This expectation is not baseless but is based on the real development dynamics within the ecosystem. Simply put, when a project is supported by genuine economic activity and ecosystem consensus, its growth tends to be more sustainable and farther-reaching.