FDV/TVL Ratio Reveals the Most Undervalued DeFi Projects
2 Mar 2021 3 minute read 7 comments Li_KungFu
A commonly used on-chain valuation metric to value DeFi protocols is the MCap/TVL ratio, which can help determine whether or not a DeFi token is undervalued or overvalued. While this valuation metric is great and all, it doesn’t tell the whole story...
