DURIANIST DECIPHER No.06
Total Locked Value's Role in DeFi's Expansion and Sui Network's Ascension
In this DURIANIST DECIPHER segment, we dissect the concept of Total Locked Value (TLV) within DeFi and spotlight Sui Network's meteoric rise and substantial TLV achievement.
Understanding TLV in DeFi
TLV is the aggregate of all crypto assets deposited in DeFi protocols, serving as the barometer for the sector's vibrancy and traction. It indicates user confidence and measures liquidity, acting as a critical metric for gauging a protocolโs adoption and growth. A burgeoning TLV denotes a thriving ecosystem and user base, essential for a DeFi platform's success and resilience.
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๐ See More: HERE (https://x.com/duriannetwork/status/1768258371772452968?s=20)