Total Value Locked (TVL) has become one of the most recognized metrics in decentralized finance (DeFi), but it does not always reveal the full picture of a protocol’s health. As blockchain ecosystems mature, active wallets, transaction activity, recurring engagement, and protocol revenue can provide additional signals of sustainable growth.
Author: Jameson Michubu
Jameson Michubu
My background in technology has led me to focus much of my writing on crypto and Web3, where I’ve spent over four years following everything from market movements to new blockchain developments. I regularly work on news stories, market and price analysis, forecasts, Web3 research, and PR content, while also drawing on my knowledge of on-chain activity and blockchain security. I like approaching each topic from the details up, looking at the data and the technology behind a story before turning it into clear, practical content for readers.
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