On September 7, Richard Craib clarified discrepancies in reported NMR TVL, stating CoinMarketCap shows $4 million while actual locked value is closer to $20 million due to unique staking methods.
On September 7, Numerai founder Richard Craib reiterated that reported total value locked (TVL) for NMR is misleading because of the project’s unique staking mechanisms. CoinMarketCap currently lists NMR’s TVL at $4 million, but Craib emphasized that the real locked value is approximately $20 million. He explained that conventional tracking methods do not account for Numerai’s staking structure, resulting in an undervaluation of the project’s TVL on major platforms.