Definition

• Fork: fork is a blockchain software update that can either implement minor changes to the existing protocol or cause it to split into two separate and incompatible protocols. If the protocol change is significant enough, it can lead to the creation of a new blockchain, plus a new coin.
• TVL: Total Value Locked
• Circulating: Percentage of tokens that are available in public.
• VOL 24h / Mcap: Ratio of 24 hours volume trade to market cap. It shows the token popularity. more than 1% means good liquidity.
• Mcap / TVL: Ratio of market cap to TVL. To consider this ratio it’s better to compare it with its fellow group tokens. for example in DEX less than 1 is a good amount and lower ratio means the price is lower than its intrinsic value, so it’s a good time to buy the token.
• Forks TVL / Original TVL: This ratio is a good index to compare token popularity by its forks. ratio more than 100% means more TVL are exists in forks.
• Forked protocols: indicate the number of protocols that has been forked from the original protocol.

The most forked protocols

Resources

• Defilama
• Coinmarketcap
• Cryptorank