Metronome Reaches $63.5M TVL, Claims #2 Spot in Synthetics
Metronome Reaches $63.5M TVL, Claims #2 Spot in Synthetics
馃搱 Metronome's Big Jump
Metronome hits major milestone with aggregated TVL reaching ~$63.5M, positioning it as the #2 largest synthetics protocol by total value locked.
Key details:
- DeFiLlama currently lists Metronome at #3
- The discrepancy stems from excluded 3rd party collateral on Morpho
- Including all collateral would place Metronome at #2 among synthetic protocols
Platform access: Users can explore the protocol at app.metronome.io/eth
This represents significant growth from the nearly $17M TVL reported in Q1'24, demonstrating strong adoption in the synthetics space.
Metronome鈥檚 aggregated TVL just hit ~$63.5M, placing us as the #2 largest synthetics protocol by TVL (per @DefiLlama). If you haven't already, make sure to check out: app.metronome.io/eth
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