Tag · 2 entries
chain metrics
Every story this desk has filed under chain metrics, most recent first.
Explainer · Chain Metrics
Why a Chain's Stablecoin Float Is the Number to Read First
efrog #1593
Total value locked gets the headlines, but stablecoin supply is the harder number to fake and the one that tells you what a chain is actually for. Here is how the two relate, and what the ratio between them means.
Explainer · Chain Metrics
Why a Chain Can Hold More Stablecoins Than Total Value Locked
Robinhood Chain reports $726.7m of stablecoin supply against $641.7m of total value locked. The two numbers count different things, and the gap between them is the most useful thing on the dashboard.