The article discusses the importance of monthly total value locked (TVL) growth as a metric for success in the DeFi market. The top projects with the highest monthly TVL growth according to Phoenix Group's on-chain analytics platform include $SOLV, $BB, $CFG, $FOX, $DEAI, $GNS, $MPL, $PSTAKE, $EUL, and $IDLE. $SOLV has emerged as a leading player with a 256% increase in TVL, followed by $BB with a 220% increase. $CFG, $FOX, and $DEAI also have significant growth in TVL. The other projects in the list also experienced notable increases in TVL.
- Content Editor ( blockchainreporter.net )
- 2024-11-04
Top DeFi Projects Based on Monthly TVL Growth