TVL Growth (7d and 30d)

Both windows use one definition and differ only in length. The seven-day window captures rotation between protocols and the immediate response to an incentive program or an outage, while the thirty-day window smooths those effects and shows whether a change persisted. Each compares a current snapshot against a snapshot taken at the start of the window.

산출 방식

(TVL now / TVL w days ago - 1) x 100, where w is 7 or 30

오해를 유발하는 부분

Most short-window movement is the price of the deposited assets rather than deposits: a protocol holding mostly volatile tokens shows large TVL growth in a week when those tokens rise and nobody deposits anything. Incentive programs attract deposits that leave as soon as emissions stop, so a strong seven-day reading can fully reverse in the following week without anything breaking. Adding a new chain deployment, or a data provider beginning to track a contract it previously missed, produces a jump that looks identical to an inflow. A thirty-day window containing a chain outage, a bridge exploit or a stablecoin depeg blends those events with ordinary deposit activity.

주식과의 비교, 그리고 그 한계

Net fund flows. The analogy fails because reported fund flows exclude market movement by construction, whereas TVL growth includes it and often consists mostly of it.

높은 값 또는 낮은 값 해석

A positive value means the dollar value inside the tracked contracts is higher than at the start of the window, and a negative value means it is lower. Separating price movement from deposit movement requires looking at the underlying asset prices over the same window.