Measurement

These guides examine the choices behind a useful metric: what is included, when it was observed, and which denominator makes the calculation meaningful. Follow them from the core framework through ecosystem boundaries, TVL accounting, and repeatable daily notes. Keep raw observations alongside derived changes.

When a source, scope, or category policy changes, reconcile the difference before joining the values into one continuous series. Clear labels are part of the analysis, not decoration. Begin with a balance-versus-flow distinction and then check valuation conventions. Ask whether the number describes one pool, a deployment, or a provider-defined aggregate. Preserve missing observations as missing rather than silently replacing them with zero. The guides below provide worked examples that make these choices visible without pretending to publish live figures or standardized market scores.