Numeraire’s TVL Discrepancy Sparks Concerns Over Data Accuracy in DeFi

The crypto space is buzzing about a discrepancy in reported Total Value Locked (TVL) for Numeraire, a unique project with its own staking mechanism. While CoinMarketCap lists the TVL as just $4 million, Numeraire founder Richard Craib has clarified that it’s actually around $20 million. He highlighted this disparity on Twitter, pointing out that the unusual structure of their system influences how TVL is reported online. 😲 This raises concerns about the accuracy and reliability of crypto data across various platforms and could impact investor perceptions and market confidence in Numeraire.