The more you look at TVL, the more you realize it’s more honest than price.
BTC-related protocols are now worth $5.832 billion. A rise in TVL doesn’t necessarily mean prices will rise, but at least it shows people are using them.
It’s good that money is coming in, but I’m more interested in whether it’s here to put in work or just sit around.
#BTC #DeFi
BTC-related protocols are now worth $5.832 billion. A rise in TVL doesn’t necessarily mean prices will rise, but at least it shows people are using them.
It’s good that money is coming in, but I’m more interested in whether it’s here to put in work or just sit around.
#BTC #DeFi