tvl
Every story this desk has filed under tvl, most recent first.
Velocity, Not Depth: What DEX Volume to TVL Actually Tells You
A chain can print billions of daily swap volume against a few hundred million of locked value. The ratio is not a scandal or a badge of honour, it is a description of what kind of liquidity the chain has, and it can be gamed.
Robinhood Chain settled more DEX volume in a day than it holds in total value locked. That is not a contradiction, it is a statement about how often the same dollar gets reused, and it is one of the few ratios on a public chain that is hard to fake.
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.
Robinhood Chain Puts Up Its Busiest Day Since July, and TVL Sets a Record
The chain traded $443m across its decentralised exchanges and cleared more than 3 million transactions, according to Decrypt, on the same week total value locked reached an all-time high of $642.7m.