@EchoProtocol_ is the first project in the @Aptos ecosystem to land in the "Binance Alpha" section. It is a leading project in the BTCFi track within the Aptos ecosystem, monopolizing nearly 70% of the BTC liquidity on the Aptos chain. Recently, projects in the APT ecosystem often give off a feeling of being hidden gems, accumulating strength before a breakout. The landing of Echo Protocol on Binance Alpha may also be an attempt to gain attention for this ecosystem. Compared to other Alpha projects that dropped immediately after launch, it experienced two price surges last Sunday and today, first rising from 0.022 to 0.053, and after a few days of fluctuation, it surged rapidly today from 0.034 to 0.08277, both showing more than double the space. It has now returned to around 0.06. Comparison with similar projects: From the data perspective, Echo monopolizes nearly 70% of the BTC liquidity on the Aptos chain, amounting to 600M. However, its current TVL is only about 60M, which is less than its FDV, resulting in an FDV/TVL ratio of around 0.1. In comparison to similar BTCFi products like BounceBit, the current TVL is close to 300M, with an FDV of 150M, giving a ratio of 0.51. Bedrock's current TVL is close to 500M, with an FDV of 150M, resulting in an FDV/TVL ratio of 0.3. The FDV/TVL ratios are all significantly higher than Echo's. It's worth keeping an eye on this coin and waiting for a price pullback; currently, there hasn't been an entry opportunity with the continuous price surge.