Bio Protocol's total value locked (TVL) has reached approximately $9 million, with 70% of the assets locked for short-term periods ranging from one to four weeks. The remaining 30% is locked for medium to long-term durations, including 15.1% locked for up to 104 weeks. The $BIO token is gaining traction in the DeSci space, and analysts suggest that an increase in medium- to long-term lock-ups could potentially drive token prices higher, despite the current selling pressure from short-term positions.
Bio Protocol's TVL Reaches $9 Million with 70% Short-Term Lock
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