Dear DeFi Trader: TVL IS NOT Liquidity
One of the biggest misconceptions in the DeFi space.
Published in
2 min readSep 28, 2022
In a recent conversation about DeFi, I noticed that one of the participants was using the term total value locked(TVL) and liquidity interchangeably. This is one of the biggest misconceptions in the DeFi space as TVL has become the key metric to judge the traction of DeFi projects. As a metric, TVL is…
