On April 28, Emperor Osmo, a crypto analyst, took to Twitter to share his thoughts on Tron’s impressive Total Value Locked (TVL), a metric used to measure the total value of digital assets locked in DeFi.
Osmo expressed his skepticism about Tron’s TVL, which was reported to be over $5 billion by the DeFi TVL aggregator DefiLlama, ranking it as the third highest TVL platform after Ethereum and Binance Smart Chain.
Osmo admitted that he was not familiar with anyone who has used Tron, leading him to question the validity of the reported TVL. Despite Osmo’s doubts, Tron has consistently ranked highly in TVL over the past few months, surpassing other leading platforms, such as Binance Smart Chain, Polygon, and Solana.
Tron’s proponents argued that the platform is widely used for stablecoin transactions and by Asian market makers to move USDT, while others agree with Osmo and claim that Tron is a scam.
