@crallahanams
Total Value Locked (TVL): A Flawed Metric?
TVL has been a go-to metric for crypto enthusiasts, reflecting the amount of capital locked in DeFi protocols. However, it has its limitations. TVL doesn't account for token volatility, nor does it measure user activity or protocol revenue. It's a snapshot of value, not growth or sustainability. Critics argue that focusing on TVL can lead to a misguided understanding of a protocol's health. Is it time for a more nuanced metric that captures the dynamic nature of DeFi?
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