image by Zoltan Tasi

Mcap vs TVL ratio analysis complete. Our 15 selected projects average is unchanged at 0.37 from last month (USD0.37 mCap for every USD1.00 TVL).

The following 3 projects have below average ratios at 2 Sep and we’ve included the data from July end as reference: $CRV, $COMP and $BAL.

Suggest these are relatively cheap compared to their peers. Notice the repricing that occurred for $BADGER last month.

While performing the Mcap vs TVL ratio analysis, I graphed the market cap data for my data set. Very interesting observation on $UNI compared to the others.

DISCLAIMER:

This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here