Analysis: Fantom is the blockchain network with the largest exposure to Multichain risk, with over 30% of the ecosystem's TVL locked within it

ChainCatcher news, Thanefield Capital research department An Ape's Prologue posted an analysis on social media, stating that the Fantom network has the largest exposure to Multichain risks among blockchain networks, with 35% of its total value locked (TVL) locked in Multichain.

It is reported that 40% of Fantom's assets are issued by Multichain (excluding its native token FTM), and these assets are mainly of the Wrapped type, with a total value reaching $650 million. In addition, the market value of stablecoins issued by Multichain ($458 million) accounts for 81% of the total market value of stablecoins in the Fantom ecosystem ($567 million), with USDC being the highest ($194 million). (source link)