πΉππΎπΉβππΎβπ
@bigbright1927
Followers
264
Following
5K
Media
155
Statuses
3K
Technical Writer || Creating Blockchain Data Contents || Making complex stuff simple
infinity
Joined November 2024
I was checking BOB's TVL this afternoon. It's been growing crazy fast. But then I saw something odd. DefiLlama is showing $160M. On Dune show $188M. Why are the numbers different? Let's break it down so it actually makes sense. π§΅
10
5
17
This is absolutely insane π. I know it's just a faucet right. But the fact that it went from <100 $STT to 47k $STT . Is this a sign !? π€
0
0
7
It's time to take a break .My exam is coming .gSomnia π. Will be back when Somnia announces TGE date.
2
0
8
How to filter the noise and stay focused?!.
0
1
3
RT @bigbright1927: I was checking BOB's TVL this afternoon. It's been growing crazy fast. But then I saw something odd. DefiLlama is showinβ¦.
0
5
0
Why it matters:.Knowing how TVL is counted helps you spot inflated numbers or understand when a project's growth is real. Smart DeFi users always check the method, not just the numbers. BOB's growth is real and impressive. The exact TVL varies based on the lens you use. gBOBπ§‘.
0
0
4
π§΅/8.Timing :. β DefiLlama updates often but adding new protocols can lag. Dune's number depends on when the query was last refreshed.
1
0
4
π§΅/7.Token prices : . β Token prices play a critical role in how Defi protocols TVL are calculated. Each analytics platform , DefiLlama and Dune, uses its own price feeds to determine the value of tokens in a protocol, a tiny price difference can move TVL by millions.
1
0
4
π§΅/6.Method :. β DefiLlama avoids double-counting. For example if $10M is bridged into two protocols , They'll try to count it once. β On Dune, unless the query writer removes duplicates, it might count it twice.
1
0
4
π§΅/5.The Scope:. β DefiLlama only counts protocols they've officially listed. If a new app on BOB isn't on their list yet , it's invisible to them. β But on Dune, you can write a query that grabs everything on-chain right away.
1
0
4
π§΅/4.Why ?. The difference comes down to data sources, scope, method , token prices and update time. it's not a glitch, it's about how they count. So what's going on? Here is the big picture.
1
0
4
π§΅/3.But on Defilama. You see $160M.That's way lower than what Dune is showing
1
0
4
π§΅/2. On Dune , it shows $188M TVL( source :Last update; 1hr ago π
1
0
4
π§΅/1 .If you're new here and wondering what BOB is, I broke it down in this earlier post. For now, just know it's a L2 blockchain that's been attracting serious liquidity.
Introducing BOB: The Gateway to Bitcoin DeFi. What if your BTC could earn yield, power DeFi apps, and still stay completely secure β without ever leaving the Bitcoin network?. Right now, it canβt. It justβ¦ sits there. You can hold it, send it, save it β and thatβs about it. No
3
0
4
RT @SamuelXeus: Gm fam. Less than 24 hours ago, Trump signed an executive order that could allow alternative assets like crypto in 401(k)!β¦.
0
29
0
RT @bigbright1927: Introducing BOB: The Gateway to Bitcoin DeFi. What if your BTC could earn yield, power DeFi apps, and still stay completβ¦.
0
4
0
Introducing BOB: The Gateway to Bitcoin DeFi. What if your BTC could earn yield, power DeFi apps, and still stay completely secure β without ever leaving the Bitcoin network?. Right now, it canβt. It justβ¦ sits there. You can hold it, send it, save it β and thatβs about it. No
42
4
53