Loading video...

Video Failed to Load

Go Home

This Internet Computer Data will surprise you! The Internet Computer (DFINITY Foundation) $ICP token has a market cap of roughly $1.15B, but the actual TVL on the chain is about $12.6M. This means the market cap-to-TVL ratio is about 91X. For comparison, most major chains sit well under 5x....

40,885 views • 1 month ago •via X (Twitter)

21 Comments

SmashNiKeR's profile picture
SmashNiKeR1 month ago

@dfinity @DefiLlama do not count all locked $ICP in NNS 🤷🏼‍♂️

X2 on ICP's profile picture
X2 on ICP1 month ago

@jazontan47 @dfinity Its an Internet Compute stack The value is real world software

Aaron Sanchez's profile picture
Aaron Sanchez1 month ago

@dfinity That's expected since $ICP is not big on defi. Doesn't make it any less valuable. Nvidia has no TVL, yet still valuable. People use ICP mostly for compute and hosting apps. That's where its value is derived from.

QuantumPink's profile picture
QuantumPink1 month ago

@dfinity ICP is a WORLD COMPUTER ... "DEFI" just came to the picture last couple month ... yet 47% is locked mostly for 2 years that is half a billion locked! I guess you can call that DEFI since people are earning 6-8%

CanisterOG∞🌍's profile picture
CanisterOG∞🌍1 month ago

@dfinity Should TVl include all staked ICP at max 2 years?

S i n c a r🦅's profile picture
S i n c a r🦅1 month ago

@dfinity ICP sadece bir DeFi zinciri değil. Dfinity’nin amacı: * İnternet üzerinde çalışan uygulamalar (Web3), ICP’yi sadece TVL ile değerlendirmek eksik bir analiz olur. Çünkü Ethereum, Solana gibi ağlarda DeFi çok baskınken, ICP farklı kullanım alanlarını hedefliyor.

LuppO.ICP's profile picture
LuppO.ICP1 month ago

@dfinity It's sad that crypto bros ignore how good ICP defi is...

Reborn 🐂 ⭕️'s profile picture
Reborn 🐂 ⭕️1 month ago

@dfinity Buy Polkadot, that's it!❤️ Polkadot JAM is coming soon! 🚀

LuppO.ICP's profile picture
LuppO.ICP1 month ago

@dfinity And yea, very misleading BTW. The NNS got a lot of TVL. It's not sitting as defi TVL but it's still TVL

Frank Anthony's profile picture
Frank Anthony1 month ago

@dfinity This is wrong.. $530M is locked in the NNS

BadBoy's profile picture
BadBoy1 month ago

@dfinity ICP flexing a $1.15B market cap with only $12.6M TVL is peak comedy. That’s a 91x cap-to-TVL ratio — while real chains sit under 5x. Translation: ICP is basically a hollow shell propped up by hype, not usage.

cexscan's profile picture
cexscan1 month ago

@dfinity that ratio sounds terrifying on paper until you remember crypto runs entirely on vibes and developer cope. still, a 90x mcap to tvl gap is one hell of an uphill battle for the bid

Max Power's profile picture
Max Power1 month ago

@dfinity It doesn’t matter what any project does 95% are vapour just follow the chart..

Jet's profile picture
Jet1 month ago

@dfinity We can all agree that the internet is a great tool, but if you ask 95% of folks how the internet works, they have no idea how to explain it in technical terms. This is the fundamental condition that creates the playing field of crypto. One has to attract idiots, not the wise.

Brian Lemke's profile picture
Brian Lemke1 month ago

@dfinity The problem with ICP is they have tons of infrastructure, but they don’t have any customers worth a damn. And even with Mission 70, inflationary pressures will continue. Commercial usage sufficient enough to generate meaningful burns just isn’t there. ICP has an image problem.

Brian Lemke's profile picture
Brian Lemke1 month ago

@dfinity ICP is junk as an INVESTMENT. Pure junk. This garbage is minting 54,544 ICP a day according to API while only burning 2,055 ICP a day. That means the burns are offseting dilution by only 3.8% of ICP minted. AVOID sinking your money in this

Lucas Apostas's profile picture
Lucas Apostas1 month ago

@dfinity 91x é um sinal de alerta, não de

Adel Bucetta's profile picture
Adel Bucetta1 month ago

@dfinity that's a huge mismatch

CryptoNinjas's profile picture
CryptoNinjas1 month ago

@dfinity

Y's profile picture
Y1 month ago

@dfinity I was pretty surprised when it dropped 99%

have_a_great_life's profile picture
have_a_great_life1 month ago

@dfinity Haha, cause your not counting hundreds of millions staked back in the net work. That's where smart money is investing on this chain!

Related Videos