July 14, 2022, 12:54PM EDT
• 10 min read
A Look at DeFi Treasuries and Protocol Revenues
- DeFi protocol treasury valuations across the board have fallen significantly along with the broader crypto markets during the ongoing downturn.
- The reduction in treasury valuations could be attributed to the asset compositions, where native protocol tokens take up a large majority of treasury value and are subjected to volatile price swings.
- Protocol revenues have been compressed due to weaker market sentiment and lowered interest in DeFi, as reflected in the 70% drawdown in total DeFi TVL.