Definition ∞ DeFi ranking refers to the systematic arrangement of decentralized finance protocols based on specific metrics. These metrics often include Total Value Locked (TVL), trading volume, user count, or market capitalization. Such rankings provide a comparative overview of platform performance and market standing. They assist users and analysts in assessing the relative prominence and activity of various DeFi applications.
Context ∞ The volatility of DeFi rankings is a constant news item, reflecting rapid shifts in user sentiment, capital allocation, and protocol innovation. Methodologies for calculating TVL and other metrics are regularly refined, influencing how platforms are perceived. Regulatory uncertainty and security incidents can significantly alter a protocol’s position within the decentralized finance ecosystem.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
