🐋 Beyond watching the charts, there’s a basic concept to understand: total value locked (TVL).
TVL is measured using the market prices of assets, so changes in asset prices alone can cause TVL to fluctuate, even when no funds flow in or out.
When comparing projects, it’s best to look at TVL alongside metrics such as fees, revenue, and active users. Looking at TVL alone can be misleading.
Back to the market: $ETH is trading at 2555.31 (24h +2.03%).
Markets are always uncertain, so decide in advance what you’ll do if your view turns out to be wrong.
#ETH
TVL is measured using the market prices of assets, so changes in asset prices alone can cause TVL to fluctuate, even when no funds flow in or out.
When comparing projects, it’s best to look at TVL alongside metrics such as fees, revenue, and active users. Looking at TVL alone can be misleading.
Back to the market: $ETH is trading at 2555.31 (24h +2.03%).
Markets are always uncertain, so decide in advance what you’ll do if your view turns out to be wrong.
#ETH