This article explores how Total Value Locked (TVL) may simply be a vanity metric for blockchain bridges. It looks into the specific areas of Capital Efficiency of a bridge, Unsustainable Yield Mining Campaigns which impacts token value against short-term TVL value gain and the existing issue of bridges being Honey Pots.
Read more at https://beincrypto.com/bridge-liquidity-paradox-water-under-the-bridge/