Bitlayer

Total value locked, currently 459,353.12 USD, is worth monitoring because it reflects how much capital is actively deployed on the network, and meaningful changes in either direction would indicate shifts in user activity relative to the chain's claimed DeFi ambitions. The 30-day fee growth figure of 64.97 percent and the absolute fee totals across the recorded periods show whether economic activity is expanding or contracting in a more recent window. The dilution overhang of 282.26 percent — representing the gap between circulating supply of 261,600,000 BTR and the maximum supply of 1,000,000,000 BTR — is worth observing because additional supply entering circulation can affect the relationship between market capitalisation and the fee-based ratios shown here. The mcap-to-TVL ratio of 118.58 and the stablecoin supply hosted of 253,469.39 USD together give a sense of how the market's valuation of the network compares to the assets actually being used on it.

Written by an AI language model from the figures listed below, on 01 Sep 2026 09:30 UTC.