DeFi Pulse invented “Total Value Locked.” Yet TVL’s mechanics have been somewhat confusing to those in the space. Here’s how the leading DeFi metric works.
Source: https://www.coindesk.com/defi-pulse-decentralized-finance-data-site-tvl
Source: https://www.coindesk.com/defi-pulse-decentralized-finance-data-site-tvl
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