3 metrics that merchants can use to effectively analyze DeFi tokens from Cointelegraph

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Unfortunately for cryptocurrency advocates who are calling for the current mass adoption of blockchain technology, there are many “digital landmines” in the crypto ecosystem, such as the rug pulls and hacking protocols that can provide new users with a lost experience at sea.

Investing is more than technical analysis and feeling. Over the past year, several blockchain analysis platforms have launched dashboards with metric values ​​that help provide a better insight into the fundamentals that support – or lack thereof – the cryptocurrency project.

Olympus new users every day. Source: Dune Analytics
CT Markets Pro twitter and dashboard for trading volume. Source: Cointelegraph Markets Pro
Total value locked on DeFiChain. Source: Defi Llama