# TVL

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You Know TVL, but this is more like an on-chain debt maturity table
Friends, Qingming Festival peace and health. Many people saw @TermMaxFi's tweet: “fixed income is the inevitable next layer.”
They liked it and scrolled away, but I watched it several times and felt a bit uneasy. If this statement is true, many of the things people are looking at now are actually wrong.
1. We've been watching TVL, but TVL itself is not the answer
In most DeFi:
TVL = growth
TVL = success
But in the world of fixed income, this logic is exactly the opposite. How much money there is doesn't matter; when it is repa

DEFI-1,18%

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