The TVL or "Total Value Locked" indicator is great
It is the total value locked in the DeFi staking protocols and represents the amount of assets deposited by the liquidity providers
Despite the almost recent Change of Direction for ETH, it is still WAY behind the King of the Pack
The Real problem we have with ETH now though is the ability for a Corporation to...
ℹ️ This is a complementary study of the idea below, where I analyzed the TVL of the main dApps:
Basically, here's a more macro view of DeFi ecosystems.
Making a very crude analogy, dApps would be like the banks of the physical world, while blockchains would be the cities/countries where these banks reside.
Total Value Locked in Blochchains
Ethereum continues...