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Cointelegraph 3 metrics that traders can use to effectively analyze DeFi tokens

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To the chagrin of crypto-currency advocates who are demanding the massive adoption of blockchain technology, there are many such “digital landfills” that exist in the crypto ecosystem. carpet pull and protocol hacking that can give new users the experience of being lost at sea.

There is more to technical study and investing than gut feelings. Over the past year, a few blockchain analysis platforms have launched dashboards with measures that help provide more information about the basics that underpin a cryptocurrency project.

New Olympus everyday users. Source: Dune Analytics
CT Markets Pro twitter and trading volume panel. Source: Cointelegraph Markets Pro
Total blocked value in DeFiChain. Source: Defi Llama