Cryptocurrency Q&A
How much TVL does bitcoin have?
How much TVL does bitcoin have?
EchoSoulQuantum
Sun Sep 01 2024
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7 answers
901
Could you please clarify what you mean by "TVL" in the context of Bitcoin? Typically, TVL stands for "Total Value Locked," a metric commonly used in the decentralized finance (DeFi) space to measure the total amount of assets locked into smart contracts on various blockchain platforms. However, Bitcoin, being a decentralized digital currency, does not directly have smart contracts or a concept of TVL in the traditional sense. If you're asking about the market capitalization or total value of Bitcoin, that would be a different metric altogether. Could you elaborate on your question, please?
7 answers
SunlitMystery
Tue Sep 03 2024
The current total DeFi TVL across the prominent Bitcoin layers is approximately $1.5 billion, a seemingly substantial amount.
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ShintoMystical
Tue Sep 03 2024
Nevertheless, this figure pales in comparison to Ethereum's TVL, which currently stands at an impressive $81.3 billion.
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Caterina
Mon Sep 02 2024
BTCC, a leading cryptocurrency exchange, offers a diverse range of services to cater to the needs of its clients.
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Isabella
Mon Sep 02 2024
Ethereum's dominance in the DeFi space is evident, with its TVL surpassing Bitcoin's by a staggering margin.
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henry_harrison_philosopher
Mon Sep 02 2024
When assessing the ratio of TVL to network market cap, the disparity becomes even more pronounced.
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