#22
A week-over-week momentum overview of the top blockchains & dapps across our key metrics.
Key highlights:
🆕 New post in our research series: The state of Euler
🎤 New 15-minute fundamentals with Liquity. Watch it on YouTube or listen to the audio version on any podcast platform
Charts of the week
💰Total value locked (TVL)
Which projects currently have the most assets deposited into their smart contracts?
Top projects by latest TVL
This week’s top gainers by TVL
Daily TVL for this week’s top movers in the past 180 days
📈Total revenue (fees paid)
Which projects have generated the most fees/yield?
Top projects by cumulative total revenue in the past 7 days
This week’s top gainers by total revenue
Daily total revenue for this week’s top gainers in the past 180 days
📉Price to sales (P/S) ratio
How are projects priced relative to total fees/yield generated?
Top projects by latest P/S ratio
This week’s top movers by P/S ratio
📈Protocol revenue
Protocol revenue is the share of the total revenue that accrues to the benefit of token holders or the company behind the protocol.
Top projects by cumulative protocol revenue in the past 7 days
This week’s top gainers by protocol revenue
Daily protocol revenue for this week’s top movers in the past 180 days
📉Price to earnings (P/E) ratio
The 'E' in the P/E ratio is based on protocol revenue, i.e. the share of the total revenue that accrues to the benefit of token holders or the company behind the protocol.
Top projects by latest P/E ratio
This week’s top movers by P/E ratio
*Note: We have excluded dapps & blockchains with revenue figures under $10k/week.**Note:‘change’ is calculated as a snapshot comparison, whereas ‘trend’ is calculated by comparing the given time interval against its previous time interval.
🌟 Tweet of the week
📽 This week’s video
Visit us: tokenterminal.com
The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.
Stay in the loop
Join our mailing list to get the latest insights!
Continue reading
- No history, no trust: why full nodes alone aren’t enough
No history, no trust: why full nodes alone aren’t enough
Archival nodes are vital for maintaining the full history of a blockchain. They ensure that anyone can access past data for in-depth analytics or audits. Without archival nodes, it becomes difficult to verify historical transactions or trace the complete history of smart contracts—undermining the very principles that make blockchains so powerful.
- Token Terminal Welcomes Alex Wenham as a Strategic Advisor
Token Terminal Welcomes Alex Wenham as a Strategic Advisor
We are thrilled to announce the appointment of Alex Wenham as a Strategic Advisor at Token Terminal. Alex brings over fifteen years of experience from the intersection of traditional finance and crypto, having spent a significant part of his career at Bloomberg, where he held key leadership roles focused on institutional sales and product strategy. His extensive expertise in both traditional finance and the rapidly evolving digital asset landscape make him an invaluable addition to our growing team.
- How Data Lakes solve crypto data’s cold start problem
How Data Lakes solve crypto data’s cold start problem
Both indexers and Data Lakes play critical roles in managing and retrieving blockchain data, but they do so in different ways. Indexers quickly organize and make data searchable for real-time querying, while Data Lakes store vast amounts of raw data that can be processed and analyzed later.