SUN（$SUN ）24-hour TVL +19.25%, currently $712 million.
First, what this figure means: TVL is the total dollar value of assets locked in a protocol. It changes with both deposits and withdrawals, and price fluctuations. It increased by $115 million in 24 hours, but this figure alone can’t tell us whether that came from new deposits or rising prices.
The token rose +0.15% over the same period, so the increase in TVL outpaced the token price—it wasn’t driven by price alone. Leave a comment with your prediction, and check back in a few days to see who got it right.
#SUN
First, what this figure means: TVL is the total dollar value of assets locked in a protocol. It changes with both deposits and withdrawals, and price fluctuations. It increased by $115 million in 24 hours, but this figure alone can’t tell us whether that came from new deposits or rising prices.
The token rose +0.15% over the same period, so the increase in TVL outpaced the token price—it wasn’t driven by price alone. Leave a comment with your prediction, and check back in a few days to see who got it right.
#SUN
