This is a yes/no prediction market on whether the DeFi Total Value Locked (TVL), defined as the sum of the value of all coins held in smart contracts across all protocols on the chain, on Katana will be strictly greater than on Berachain at 23:59 UTC on August 31, 2025, based on DefiLlama data. This assesses if Katana overtakes Berachain in DeFi TVL by month-end.

1. The market resolves to "Yes" if the DeFi TVL on Katana (as reported on DefiLlama) is strictly greater than the DeFi TVL on Berachain at 23:59 UTC on August 31, 2025.
2. The market resolves to "No" if Katana's DeFi TVL is equal to or less than Berachain's DeFi TVL at that time.
3. DeFi TVL is defined as the sum of the value of all coins held in smart contracts across all protocols on the chain, reported in USD, as written on the DefiLlama website.
4. Primary source: DefiLlama chain pages at https://defillama.com/chain/katana (for Katana) and https://defillama.com/chain/berachain (for Berachain), using the TVL value at or closest to 23:59 UTC on August 31, 2025, via historical data or snapshots.
5. Fallback source if DefiLlama pages are down or data is missing: DefiLlama API endpoints (api.llama.fi/chains), querying for current TVL of "Katana" and "Berachain" chains, timestamped to August 31, 2025 fetching the latest data.
6. If there is a discrepancy greater than 1% between page display and API, resolve by averaging the TVL values from both sources.
7. Intraday fluctuations are ignored; only the end-of-day TVL at 23:59 UTC counts.
8. If TVL data for August 31 is incomplete for more than a day (e.g., due to API delays), use the last available TVL before 23:59 UTC.
9. Resolution will occur no later than 23:59 UTC on September 1, 2025, once data is verified.