Exploring the depths of Stacks DeFi, ALEX DeFi $ALEX and Arkadiko Finance $DIKO tokens exemplify the Stacks ecosystem's resilience. As of 5 December 2023, let’s dissect their value indicators: Market Cap, TVL, FDV and more. With current prices in the frame, we witness a snapshot of their market engagement and forecast potential.
$ALEX
$DIKO
$ALEX upholds a strong market position with a TVL of $30.4m, experiencing a +27.01% change in the last day, an impressive +109% over the past week and a significant +127% increase over the past month.
$DIKO reflects a stable valuation with its near-unity FDV/TVL ratio and a TVL of $7.96m. It has seen a +19.30% change in the last day, +73.04% over the last week and a solid +39.36% increase over the past month.
This analytical glance at $ALEX and $DIKO provides a window into the robust growth of the @Stacks DeFi ecosystem, where value and growth prospects align.
It's a compelling moment for DeFi on Stacks , with these tokens demonstrating the strength and potential within this space.
For in-depth insights and the latest data, visit:
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Arkadiko Finance Analytics: https://info.arkadiko.finance/
DeFiLlama's Stacks Chain Overview: https://defillama.com/chain/Stacks
Definitions
Market Cap (MCap): It's the product of the current price and circulating supply, representing the total market value of the cryptocurrency's circulating supply, akin to the stock market's valuation method.
Fully Diluted Valuation (FDV): This is the theoretical market cap of the cryptocurrency if the total supply were in circulation at the current price. It's a theoretical measure as it assumes that the price doesn't change with variations in circulating supply.
Total Value Locked (TVL): This reflects the total capital deposited into the platform, whether as loan collateral or within liquidity trading pools.
FDV/TVL Ratio: This ratio compares the fully diluted market value of a protocol to the value of the assets it has staked/locked. A ratio above 1.0 suggests that the FDV exceeds the TVL.
Disclaimer: Please note that this content is for informational purposes only and should not be considered as financial advice.
