Is it just me, or $SILO is completely mispriced?

During the hyper DeFi phase on Sonic, they delivered tons of yield opportunities, and now they’re doing the same on Avalanche.

What really surprises me is the Mcap, just $16M, with a $38M FDV. That puts the Mcap/TVL ratio at 0.03, one of the lowest in the space right now.

+ 20% of $SILO is locked in xSILO, which significantly reduces sell pressure.

All the metrics point toward healthy growth, both in TVL and unique users, which keep increasing steadily.
From what I see, real DeFi users are leveraging Silo heavily to boost their yields. And Silo keeps delivering, on Sonic, now on Avalanche, and for sure soon on another chain.

We can debate whether an alt season is coming or not, but if you believe, like I do, $SILO is definitely a strong contender given its core role in DeFi and how undervalued it currently is.

I don't like making that kind of prediction, but a 10x from here is more than possible.