According to @ai_9684xtpa, Stable chain’s TGE is facing thin liquidity with a fully diluted valuation around 1.88 billion dollars and total open interest near 37.23 million dollars, indicating a wide FDV-to-OI gap that limits derivatives depth and price support, source: @ai_9684xtpa. According to @ai_9684xtpa, competitor XPL’s former main perp venue Hyperliquid shows only about 2.4 million dollars in OI, underscoring subdued leverage participation relative to headline valuations, source: @ai_9684xtpa. According to @ai_9684xtpa, the airdrop has been reduced and social media heat has notably declined, dynamics the source links with underwhelming attention and price action for Stable compared with Plasma over the same period, source: @ai_9684xtpa. According to @ai_9684xtpa, pre-deposit complications and limited listing resources are additional overhangs, contributing to weaker chart performance and lower visibility versus Plasma, source: @ai_9684xtpa. According to @ai_9684xtpa, traders should account for higher slippage risk and less resilient order books around TGE given the FDV-to-OI disparity and softer retail flow, prioritize limit orders, and monitor OI and funding expansion across venues for confirmation of improving liquidity, source: @ai_9684xtpa.