Are you seeing the correct TVL on DefiLlama?
By default, borrows, liquid staking, and vaults are not shown in TVL calculations. This is because:
- Borrowed assets can be redeposited, so including them would double-count liquidity. Because you can recursively borrow and supply, counting both could inflate TVL.
- Liquid staking tokens are representations of value locked in validators, which usually is not considered as part of value locked in "DeFi" dapps on-chain.
- Vaults / yield strategies are also excluded because vaults redeposit into other protocols. Counting them would inflate TVL through multiple layers.
DefiLlama allows for easy toggling between different views to get a fuller picture of TVL.
Itemizing like this is important for assessing the utilization of a chain, as redepositing and restaking shows that people are actively leveraging capital efficiency and compounding yield opportunities.
For example, Nibiru's TVL can show from $2.98m to $4.21m depending on which activity you want to include.
just tipped my favorite farcasters!
thank you @laurashin@chriscomrie@jeff-xyz for the content creation and podcast episodes
Been enjoying the combined experience of @pods and Farcaster all-in-one
Battle-tested multisigs like @safe are a must-have for any ecosystem who wants real governance, real capital, and real builders
It was great to sync up with Protofire at their @ethdenver booth and work together to get this deployment up for Nibiru dapp developers 🔐
https://x.com/protofire/status/1912916395139961052
Looked over 300+ Token 2049 Week events. I'll be at these 15 that cover the best of what DeFi, AI, DeSci, and interop have to offer.
⭐ Apply for an exclusive networking experience with Nibiru ecosystem and KOLs: https://lu.ma/2agqtaj1 ⛵
Stopped by LayerZero’s office during @blockworks Digital Asset Summit
Glad I could connect Dom and Tony to discuss what LayerZero is building around interoperability and the omnichain future.
Fascinating convo, LayerZero’s vision is one to watch.
https://x.com/BlockchainEdu/status/1910668151777349990
Currently balancing going to mint @Pods episodes via MetaMask to have alongside all my other digital collectibles and minting episodes from inside the wallet on Farcaster mobile
Another great year at the MIT Bitcoin Expo
In 2018 as co-director I helped scale the event to over 900 attendees
Since the beginning, the Expo has kept #Bitcoin front and center, challenging blockchain’s drift toward tradfi absorption
We’re not here to conform, we’re here to innovate
To marketers who host or have been on podcasts:
I've been having some incredible discovery calls, getting into a state of flow, learning about each other and collaboratively coming up with new insights in real time. You know the kind of convos that end with "THIS could've been the podcast episode"
But then, when we hit "record", something shifts. Same questions, same answers, but the conversation flattens out. It sounds standard, more polished.
I've felt this as host and guest. It's mostly the same convo, but that same state of flow isn't reached. The episode ends up fine but it doesn't "feel" the same, and I want to share that "feeling" with the audience
Maybe it's the presence of the mic making everyone more self-conscious. Podcasts, even if informal, can carry an unspoken pressure to be more definitive or “on-brand".
Twitter Spaces fare a little better, cause no one has to worry about what their video feed looks like
If crypto wallets are like the first layer of UI on top of a CLI, then we're still pretty early in the interface evolution on the path to a full on "Web3 desktop"
Composable, modular dashboard that can integrate DeFi apps, social feeds, identity tools, and governance mechanisms
Or maybe AI agent chat terminals to intelligently execute blockchain actions on your behalf
https://x.com/ShanghaiYang/status/1911064326124999115
Ideating with #Bitcoin builders and investors at Soho House during Paris Blockchain Week
Thanks Stacks, Hiro, Alephium & WAIB Summit for putting this event together!
If you sold on the tariff news then bought on the fake halt then sold after the fake halt came out as fake and now bought on the real halt…
…what is u doin?
"Grants Are Dead: What’s Next?"
This panel will cover
- What’s wrong with the grant model today?
- Are grants really “dead,” or just evolving?
- What strategies work to grow your ecosystem?
- How do you measure ecosystem success?
- What role should VCs play in ecosystem growth?
Excited to speak alongside Sergej Kunz from 1inch Labs, Elizabeth Li from Stellar Development Foundation, Bruno Calabretta from DFINITY and moderated by Max Andonov at Cointelegraph Accelerator
See you at Paris Blockchain Week 🇫🇷
https://lu.ma/vcl1quyo
