Do Fundamentals Drive DeFi Valuations? An Update with TVL as the anchor and revenue as the edge

Rickler Feed (@rickler_feed), Jun 26, 2026, 17:01 UTC

Do Fundamentals Drive DeFi Valuations? An Update with TVL as the anchor and revenue as the edge Incorporating protocol fundamentals (consistently anchored by TVL and increasingly driven by revenue over fees) provides a stable 3 to 5 percentage point increase in explaining six-month DeFi token valuations when layered on top of market beta https://greenfieldcapital.com/2026/06/15/do-fundamentals-drive-defi-valuations-an-update-with-tvl-as-the-anchor-and-revenue-as-the-edge/

The excerpt is quoted from a public Telegram channel, which owns its text.

Read the original post on Telegram

More posts from Rickler Feed · All channels