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DefiLlama was created to help Defi users who are unable to track blockchain projects individually.
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It uses a multi-chain TVL dashboard to measure the total value of digital assets staked on the platforms.
What is DefiLlama
DefiLlama is a platform that analyzes integrated data from different blockchain networks such as Ethereum, Cardano, Terra, and their respective applications (Dapps). Defillama was created to help solve the problem of Defi users being unable to track blockchain projects individually. This is efficient to see how fast Defi chains are growing and which is the largest. DefiLlama is a known TVL aggregator.
Decentralized finance, as the name implies cuts across different blockchains and each blockchain is a sub-unit of isolated financial protocols and information. Keeping track of all the financial protocols and information in the Decentralized finance (Defi) space is quite challenging, thus the need for Defi data aggregators. Defi agg
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