Eclipse TVL decline compared with Berachain's drawdown
Quote93 words
Eclipse TVL ($27M) is down 46% from its peak, tracking Berachain, whose TVL peaked at $3.5B and is now down 82%. Warns Eclipse could fall below $10M, arguing that lasting communities and ecosystems are what most projects fail to build.
Key claims
Eclipse TVL at $27M, down 46% from top
Berachain TVL peaked at $3.5B and is down 82%
Eclipse peak TVL barely reached $50M
Looks like Eclipse TVL chart is doing a “Berachain”.
Just that $BERA TVL topped at $3.5B while $ES TVL barely made it to $50M lol.
Berchain TVL is now down 82% from top.
If Eclipse (currently at $27M) follows that trajecory, next stop is sub $10M in TVL (being down 46% from top already).
Building (more or less decent) tech and (marketing-driven) pre-TGE hype is one thing.
But building lasting communities and ecosystems is what breaks most.
And when you hand the keys to Alucuck and his (r)eTards, all hope is lost anyhow.
QUOTING @0xMoei
Six months back, I called Eclipse a ghost town post-TGE, and eKOL mob labeled me a "chatter." Well, look at that pathetic TVL now! They threw together some half-baked Sol apps and brought you out some trash games, forcing you to cough up $100+ just to earn a handful of "grass po
Six months back, I called Eclipse a ghost town post-TGE, and eKOL mob labeled me a "chatter." Well, look at that pathetic TVL now! They threw together some half-baked Sol apps and brought you out some trash games, forcing you to cough up $100+ just to earn a handful of "grass po
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How the call played out · since 08 Jul 2025
Prices as of 23 Oct 2026This piece takes a view on $ES, so that move is read against the call. Other assets it covers are shown as context, not as calls.
$ESEclipseBearish thesis
−99.7%
Moved with the call · since it listed on 17 Jul 2025, 9 days after this piece
- At listing
- $0.315
- Now
- $0.00093
- vs BTC
- −99.6%
- After 1 month
- −44%
- After 3 months
- −68%
- After 1 year
- −99.3%
- High since
- 0.0% 17 Jul 2025
- Low since
- −99.8% 20 Aug 2026
Mentioned for context
Since then
Zero has written 1 more piece on Eclipse since this one.
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