CryptoWorld News: DefiLlama founder 0xngmi posted on the X platform stating that the current claims that Aave's TVL is overestimated due to circular lending are not accurate. He explained that in TVL calculations, lent assets are excluded, so circular lending does not inflate the total locked value. For example, assets deposited are counted in TVL, while the corresponding borrowed amounts are offset. He also added that DefiLlama has previously removed double counting caused by Ethena-related collateral cycles and believes that the related criticisms lack basis.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin