Starknet Bridge ($STRK ) TVL is up 54.1% in 7 days, now at $368 million.
First, what does this metric mean? TVL is the total value, in dollars, of the assets locked in a protocol. It changes with deposits and withdrawals, as well as fluctuations in token prices. It’s up $129 million over the past 7 days, but that figure alone doesn’t tell us whether the increase came from new deposits or rising prices.
The token is up 35.74% over the same period, so TVL’s growth outpaced the price increase—it wasn’t driven by price alone. How would you play this?
#STRK
Crypto moves fast; use leverage with caution.
First, what does this metric mean? TVL is the total value, in dollars, of the assets locked in a protocol. It changes with deposits and withdrawals, as well as fluctuations in token prices. It’s up $129 million over the past 7 days, but that figure alone doesn’t tell us whether the increase came from new deposits or rising prices.
The token is up 35.74% over the same period, so TVL’s growth outpaced the price increase—it wasn’t driven by price alone. How would you play this?
#STRK
Crypto moves fast; use leverage with caution.