What does the token actually do? We now track token rights for over 80 protocols on DefiLlama. Holders revenue, governance, economic rights, and value accrual consolidated in a single table.

DL News is closing. dlnews.com/articles/people-c…

We are launching a research arm! DLResearch is gonna be transforming into DefiLlama Research

Introducing the DefiLlama SQL Studio. Create custom CSV exports and charts that bring together multiple DefiLlama datasets. Run SQL directly in your browser to access every major slice of DeFi data. Now available to API plan users in our Downloads portal.

We've launched Risk metrics in DefiLlama! The best metrics come with real money on the line, so we devised a new one: how much $ would be lost across lending markets if a token got hacked This aggregates trust and willingness to extend credit to a token across risk managers

We recommend users to avoid using Google Search for cryptocurrency applications requiring wallet connection. We advise using only bookmarked URLs and verifying all links. The latter can be easily done with the help of @DefiLlama service at search.defillama.com/

Seeing a lot of takes that assume that defillama's aave TVL is inflated by looping That's NOT the case, because borrowed coins are removed from TVL Imagine: 1. A deposits 1m eth -> tvl = 1m 2. B deposits 1m steth and borrows 1m -> 1m - 1m 3. final tvl = 1m On top of that, we monitor TVL sources and actively remove sources of doublecounting too For example we found that ethena was depositing its collateral into aave and people were looping it, which actually led to tvl increasing from loops. Then we specially removed ethena's deposited TVL from aave TVL to avoid this So our TVL numbers already have looping removed, idk where everyone is getting this idea that is not

Most tokens are not transparent. There's no standard for disclosure. Most protocols have multiple entities (Labs, DAO, Foundation, etc) and it's rarely clear how value flows between them. We're building a framework for Token Rights at DefiLlama. Our goal is to clearly define what rights tokens confer to investors. We want to show investors the most important things they need to know about tokens, so they can easily understand what they might be buying. We have three core categories: - Governance Rights (who controls what) - Economic Rights (where does value accrue and how) - Ownership Rights (who owns what) Within these categories we track whether governance rights include treasury / revenue rights, buybacks, burns, main value accrual mechanism, fundraising structures, utility, and more. The hard part: information is scattered, fundraises aren't clear, governance =/= ownership, and often downright conflicting information. But it can be better. As token design & economics improve, we can provide more transparency through clear definitions and design to help investors understand exactly what a token does & doesn't do. 75 protocol token rights are currently live. To find them, look for the Token Rights tab on a protocol's page. Projects can submit token information here: docs.llama.fi/list-your-proj…

Real world asset perps have arrived on DefiLlama. Monitor open interest and volume across 100 markets tied to assets like oil, silver, and equities. All with the transparency and 24/7 uptime you'd expect from DeFi.

As DeFi matures, investors deserve accurate, public information about protocols, and protocols need a better way to communicate with investors. We’re proud to partner with @sparkdotfi to launch the first DefiLlama investor relations portal. This goes deeper than DefiLlama’s normal dashboard, incorporating additional metrics and granularity, along with a place for Spark to provide context for its analytics. This is a one-stop shop for everything that Spark users need to stay informed: * Comprehensive analytics about Spark financials and usage * Quarterly reports * Recent announcements from Spark

I tracked how many publications by government institutions (central banks...) use defillama data Interest in defi/crypto is only growing, and llama loves it that our data is being used to make policy decisions now

The onchain data layer for your AI agent. Introducing the DefiLlama MCP. 23 tools to bring DeFi data to your agent Guided research workflows that teach your agent structured analysis Available now with the DefiLlama API plan.

Introducing the new download center for quickly exporting over 50 datasets from DefiLlama. - Download both full datasets and time series. - Pull data for chains, protocols, categories, RWAs, stablecoins, and more. - Customize columns. - Preview datasets before subscribing.

Just use llamaswap

We've upgraded our Token Rights dashboards: - Expanded coverage to 49 protocols - Deeper summaries and clear explanations of every right - Domain and IP ownership - Sources linked for each section Available on the "Token Rights" tab of protocols.

Today, 2.9% of all requests (0.8% for our paid API) to our yield and defi metrics API returned intermittent 403 errors. It's now fixed and we're issuing refunds to affected users Postmortem Our APIs use a layered system of 2 CDNs to protect against attacks and ensure our data remains highly available even in the case our underlying infra fails. Recently cloudflare introduced an unexpected change in the behaviour of their CDN, which caused intermittent 403 http errors with 'error 1000' in the body to be thrown, these concentrated in certain geographies and endpoints intermittently (for example /v2/chains would be broken in france for 10 minutes and, afterwards, /protocol/lido would be broken in hong kong for another 10 minutes). Thus if you used our APIs today, you likely saw these errors come and go. Downstream of this, we had 15 minutes of downtime on coins.llama.fi as well. We have fully fixed the issue now by redoing our infrastructure. We take disruptions very seriously, so to compensate our users we will issue a 1 week refund for all API users that ran into this issue (even if it was in a single request)

Introducing a suite of new features for LlamaAI. 1) Research mode 2) Trading indicators & candlestick charts 3) Investment forecasts 4) Save LlamaAI charts to Pro dashboards 5) Image upload 6) 7-day free trials are now available for DefiLlama Pro. defillama.com/ai

Introducing new features for the DefiLlama extension: 1) The extension now hides scam ERC20 transfers and highlights similar ones to help you stay safe. 2) Our directory search is new embedded. Find verified links to thousands of crypto websites. chromewebstore.google.com/de…

Protocol pages on DefiLlama now include Income Flow Visualizations. These show exactly where revenue goes and who value is distributed to.

Line-item income statements are now live on DefiLlama. See exactly where protocol money comes from and goes. Automatically fed from onchain data. Protocol revenue and expenses are broken down, translating DeFi-native terms like “Fees” into standard accounting concepts.