Someone asked: What exactly does TVL reflect?
I usually answer like this: TVL is often used to measure how much capital a project or public blockchain has attracted, and it’s one of the commonly used DeFi metrics. The assets locked in many protocols on Ethereum include a large amount of ETH and ETH-derived assets, so fluctuations in the price of ETH directly affect the TVL of these protocols.
$ETH 2543.36（+1.37%）
If you get it, comment “1.” If you still don’t, ask away in the comments.
#ETH
I usually answer like this: TVL is often used to measure how much capital a project or public blockchain has attracted, and it’s one of the commonly used DeFi metrics. The assets locked in many protocols on Ethereum include a large amount of ETH and ETH-derived assets, so fluctuations in the price of ETH directly affect the TVL of these protocols.
$ETH 2543.36（+1.37%）
If you get it, comment “1.” If you still don’t, ask away in the comments.
#ETH