2026-01-13 15:23:48

Berachain's story is worth pondering.

The fundraising stage was once high-profile, raising $142M. The promotional selling point at the time was a revolutionary Proof of Liquidity model, claiming to rewrite the DeFi ecosystem. It sounded truly enticing.

But what about reality? After the project launched, there was little actual liquidity support, and ecosystem applications were few and far between. The data speaks for itself—TVL dropped to $185M, hitting a new all-time low; market cap also fell to a low of $78M. On-chain fees of $117 even caused users to exclaim that it was outrageous.

From the glory of fundraising to the decline of various indicators, Berachain demonstrates with actual actions what is meant by "the huge gap between promises and reality."

BERA6,2%

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CryptoSourGrape

· 2h ago

If only I hadn't been completely fooled by that PoL story back then, now looking at $142M feels like throwing money down the drain.

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New_Ser_Ngmi

· 7h ago

It's the same old trick again, promising everything during fundraising, but performing so poorly after launch...

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SignatureCollector

· 7h ago

It's another old story—boasted extravagantly during fundraising, only to reveal its true colors after launch...

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SignatureVerifier

· 7h ago

technically speaking, $142M raised and they couldn't even deliver basic liquidity infrastructure... insufficient validation of their tokenomics before launch, clearly. proof of liquidity sounded revolutionary until, well, it wasn't. the $117 fees alone are a critical vulnerability threshold for any chain claiming to be DeFi-focused. honestly expected better auditing from a project that size, ngl.

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ChainWanderingPoet

· 7h ago

Another big dream of a pancake didn't come true, the 142M funding hype has been awakened.

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OnchainDetective

· 7h ago

According to on-chain data, the flow of this $142M funding indeed warrants further investigation. The contrast between the $185M TVL and the $78M market cap... hmm, tracking through multiple addresses reveals some interesting points.

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