TVL (Total Value Locked)

Solana dominated blockchain activity in March 2026, leading DEX volume with $66B, ranking second in TVL, growing stablecoin supply by 67% since January 2025, and surpassing other tracked chains in median TPS. It outperformed the next nine chains combined across TPS metrics at median, P90, and P99 levels.

BNB Chain has surpassed 322 million token holders, outpacing most major blockchain networks. The article questions whether holder count remains a meaningful indicator of long-term strength compared to metrics like activity and liquidity.

The article introduces WPVS, a new valuation framework for DeFi lending protocols that addresses TVL's structural flaws. It categorizes pools into four types with weighted scoring metrics and applies the model to Clearpool, showing the market values it at 8 cents per dollar of protocol value.

The article outlines strict risk management rules for DeFi yield farming in 2026, including limiting DeFi exposure to 15-20% of a portfolio, capping single protocol allocations at 5%, prioritizing audited protocols with high TVL and proven track records, avoiding unsustainable APYs above 30-40%, and conducting regular manual reviews. The author emphasizes a conservative approach to mitigate risks like smart contract vulnerabilities and impermanent loss, which has reduced drawdowns while maintaining decent yields.