A major shift is underway in the cryptocurrency sector as the focus has moved from Total Value Locked (TVL) to Total Value Unlocked (TVU). This change highlights the importance of interoperable blockchain networks and accessible value across different ecosystems. 💰
Unlike TVL, which focuses solely on asset storage within a single chain, TVU measures how much usable and verifiable value can be unlocked through collaboration and interaction between blockchains.
This transition is exemplified by partnerships that are enhancing interconnectivity and enabling seamless digital identity management. Pendle’s impressive $3.1 billion in assets across multiple chains and the recent $159 million unlock of $SUI demonstrate this focus on fluidity and accessibility.
Market dynamics are changing as interoperability gains momentum. TVU aligns with the goal of a universal framework for validation that is crucial for decentralized finance (DeFi) and blockchain innovation. Token unlocks, such as those by Movement Labs, showcase the implications for market stability. 📈
The future of blockchain lies in interconnected systems offering value across various industries. A unified application of these networks will be key to driving broader and seamless adoption.