Within this overview, we will analyze one of the biggest DeFi protocols right now, MakerDAO. Inflation-adjusted total value locked will be considered.
The inflation-adjusted TVL might uncover the real growth of the dapp excluding fluctuation in the token price.
Key takeaways
- The total value locked on MakerDAO surpassed $1.5 billion.
- ETH accounts for 73% of the total value locked. TOP 3 token represents 97%.
- The total value locked in the top 3 tokens on MakerDAO increased by almost $800 million.
- The inflation-adjusted value showed an increase of only $200 million.
- 75% of the reported total value locked increase in MakerDAO was fueled by a token price.