Total value locked (TVL) is a widely used metric to track the popularity, adoption, and overall health of decentralized finance (DeFi) projects. However, is it the most accurate reflection of a chain’s true value? David Silverman, SVP of Strategic Product Initiatives at Polygon Labs, believes TVL is useful for grabbing headlines but doesn’t provide the full picture. In an exclusive interview with BeInCrypto, Silverman explained why TVL has its limitations. He also revealed how the Chain-Aligned TVL (CAT) could provide a more meaningful measure for the crypto ecosystem
source: https://beincrypto.com/chain-aligned-tvl-defi-metric/