The crypto industry has long been drunk on acronyms. Popular ones include “TVL” for the “total value locked” in a network’s smart contracts and “DeFi” for “decentralized finance. Then there is the infamous “WAGMI” for “we are going to make it,” a rallying cry on social media.
While many of the crypto world’s letter jumbles are silly, and can even serve as way to divert from more substantive metrics, there is one acronym that will always be useful: DPS. Coined by Emin Gun Sirer, a founder of the Avalanche blockchain, its stands for “Drama Per Second.”
