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How can I track the TVL of Solana's DeFi ecosystem?

avatarBoban MilosevicDec 25, 2021 · 3 years ago3 answers

What are some ways to monitor the Total Value Locked (TVL) of Solana's DeFi ecosystem?

How can I track the TVL of Solana's DeFi ecosystem?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One way to track the TVL of Solana's DeFi ecosystem is by using blockchain explorers like Solscan or Solana Beach. These explorers provide real-time data on the TVL of various DeFi protocols on Solana. You can also check the TVL on individual DeFi protocol websites or through their official social media channels. It's important to note that TVL can fluctuate frequently, so it's recommended to use multiple sources for accurate information.
  • avatarDec 25, 2021 · 3 years ago
    If you're a developer or have coding skills, you can use Solana's API to fetch data on the TVL of different DeFi protocols. This allows you to create custom tracking tools or integrate TVL data into your own applications. Solana's API documentation provides detailed information on how to retrieve TVL data.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi offers a comprehensive dashboard that allows you to track the TVL of Solana's DeFi ecosystem. The dashboard provides real-time data on the TVL of various protocols, along with other important metrics. You can access the BYDFi dashboard by visiting their website and creating an account. It's a convenient way to monitor the TVL and performance of Solana's DeFi ecosystem in one place.