75% of MakerDAO TVL increase fueled by token price

Within this overview, we will analyze one of the biggest DeFi protocols right now, MakerDAO. Inflation-adjusted total value locked will be considered.

The inflation-adjusted TVL might uncover the real growth of the dapp excluding fluctuation in the token price.

Key takeaways

• The total value locked on MakerDAO surpassed $1.5 billion.
• ETH accounts for 73% of the total value locked. TOP 3 token represents 97%.
• The total value locked in the top 3 tokens on MakerDAO increased by almost $800 million.
• The inflation-adjusted value showed an increase of only $200 million.
• 75% of the reported total value locked increase in MakerDAO was fueled by a token price.

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