20 Dec 202313:01
Analytics
![TOP 15 DEFI PROJECTS BY TOTAL VALUE LOCKED (TVL) / FULLY DILUTED MARKET CAP (FDMC) RATIO](/_next/image?url=https%3A%2F%2Fcryptodiffer-image-bucket-production.s3.amazonaws.com%2F6c2c3373-f05c-47e6-a699-f4e0cff8eaf5%2Fimage.png&w=3840&q=100)
TOP 15 DEFI PROJECTS BY TOTAL VALUE LOCKED (TVL) / FULLY DILUTED MARKET CAP (FDMC) RATIO
TVL/FDMC ratio can give an understanding of the long-term growth potential of an asset and whether it’s undervalued or overvalued. A ratio above 1 may tell us that the asset is undervalued. A higher ratio may imply that the asset has more potential to grow. We took into consideration projects with TVL>$100M.
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