📎 DeFi｜Total Value Locked (TVL)
· Key point: TVL is not the same as a protocol’s revenue, nor does it equal the number of users or transaction volume.
· How to interpret it: When comparing protocols, it’s best to consider TVL alongside metrics such as fees, revenue, and active users. Looking at TVL alone can be misleading.
· In practice: A high TVL doesn’t mean a protocol is safer. Protocols holding more funds are just as likely to attract hackers.
$ETH 1768.19（-8.63%）
· Key point: TVL is not the same as a protocol’s revenue, nor does it equal the number of users or transaction volume.
· How to interpret it: When comparing protocols, it’s best to consider TVL alongside metrics such as fees, revenue, and active users. Looking at TVL alone can be misleading.
· In practice: A high TVL doesn’t mean a protocol is safer. Protocols holding more funds are just as likely to attract hackers.
$ETH 1768.19（-8.63%）
