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Wrong TVL Data for Ring Swap #10741

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dericwa opened this issue Jun 23, 2024 · 2 comments
Open

Wrong TVL Data for Ring Swap #10741

dericwa opened this issue Jun 23, 2024 · 2 comments

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@dericwa
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dericwa commented Jun 23, 2024

Looks like the Defillama website set a wrong TVL data source for Ring Swap (https://defillama.com/protocol/ring-swap). Right now, Defillama website shows $74m, while we have more than $88m in Ring Swap (https://info.ring.exchange/home)
Please help to take a look.

@g1nt0ki
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g1nt0ki commented Jul 2, 2024

hi @dericwa issue is, price of fwETH is assumed to be 1 ETH in the dashboard, but we calculate price as ETH in contract / fwETH token supply = 27.6k/36.6k = 0.75 ETH

@dericwa
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dericwa commented Jul 10, 2024

Hello @g1nt0ki , this fwETH calculation makes sense. However this still cannot explain the gap. As of today, Defillama shows 56m TVL, but our info shows 79m, more than 20m TVL difference. I suspect some assets are not taken into calculation.

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