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How can I track the changes in Cardano's TVL over time?

avatarRiatasthanDec 27, 2021 · 3 years ago3 answers

I want to keep track of the Total Value Locked (TVL) in Cardano over a period of time. How can I do that?

How can I track the changes in Cardano's TVL over time?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One way to track the changes in Cardano's TVL over time is by using blockchain explorers. Websites like CardanoScan or Cardano Explorer provide real-time data on the TVL in Cardano. You can check the TVL at different time intervals and observe the changes. Additionally, you can set up alerts or notifications to receive updates on any significant changes in the TVL. This can help you stay informed about the growth or decline of Cardano's TVL.
  • avatarDec 27, 2021 · 3 years ago
    If you're a developer or have some coding skills, you can also use Cardano's API to fetch the TVL data programmatically. By accessing the blockchain data through the API, you can retrieve historical TVL data and analyze it over time. This gives you more flexibility in terms of data manipulation and visualization. There are various programming languages and libraries available that can help you interact with Cardano's API and retrieve the TVL data.
  • avatarDec 27, 2021 · 3 years ago
    Another option to track the changes in Cardano's TVL over time is by using third-party analytics platforms like BYDFi. These platforms provide comprehensive data and insights on various cryptocurrencies, including Cardano. You can access historical TVL data, track trends, and analyze the performance of Cardano's TVL over different time periods. These platforms often offer advanced charting tools and customizable dashboards to help you visualize the data effectively.