Insights and Analysis to Drive DeFi Decisions
DeFi TVL Trends Over Time
Total Value Locked (TVL) represents all cryptocurrency tokens deposited into DeFi protocols or projects. SoDeFi tracks DeFi activity across three layers 1) Value locked or deposited into project 2) number of projects launched over time 3) number of pools. The data also specifically deep dives into the analysis of Liquid Staking Derivatives (LSDs).
The combination of the three layers of analysis provides a snapshot on how DeFi activity is evolving on both the supply side (projects) and demand side (user deposits).