[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![vinibarbosabr Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::971835230100303873.png) Vini Barbosa 🏴‍☠️ [@vinibarbosabr](/creator/twitter/vinibarbosabr) on x 9745 followers
Created: 2025-07-25 15:04:24 UTC

Following up with the DeFi Series,
Here's some consolidated values, as of July 25, for the state of DeFi running on non-EVM chains. 👇

| TVL | Stablecoin MCap | 24h DEX vol | MCap/TVL |
$SOL | $9.86B | $11.61B | $3.58B | XXXX |
$SUI | $2.09B | $978M | $606M | XXXX |
$NEAR | $172M | $200M | $20M | XXXXX |
$EGLD | $49M | $11M | $2.53M | XXXX |

Source: @DefiLlama 

—
As a rule of thumb, the lower, the better, for MCap/TVL.
However, like any metric, it must be used with some skepticism, and many other things should be considered for a proper fundamental analysis.
—

*this content is sponsored by @XoxnoNetwork

![](https://pbs.twimg.com/media/GwtiMiPWUAEgDAr.png)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948761258234139044/c:line.svg)

**Related Topics**
[finance](/topic/finance)
[decentralized](/topic/decentralized)
[$253m](/topic/$253m)
[$11m](/topic/$11m)
[$49m](/topic/$49m)
[$20m](/topic/$20m)
[$200m](/topic/$200m)
[$172m](/topic/$172m)

[Post Link](https://x.com/vinibarbosabr/status/1948761258234139044)