Perfectly put by @kt_nowk.
Parked capital (TVL) is an effective measurement of institutional sales and active capital (volume) is effective measurement of real utility. Ideally, both are growing, but TVL without volume is uncompelling.
This chart is from 45 days ago - today, thBILL is about to cross $1B in cumulative volume.
theo/acc.

Theo
@Theo_Network
01-11
"Nowadays people care a lot more about actual utilization rather than just having idle TVL."
Listen to Theo co-founder @kt_nowk on the importance of metrics that capture true, revenue-generating activity, like utilization and volume:

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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