This new platform is revolutionizing the world of decentralized finance (DeFi). Presently, it remains the largest analytics site providing data for multi-chain defi platforms.

The rise of DeFi seeks to create an open-source, permissionless, and transparent financial service ecosystem. Here, DefiLlama comes into play as an integral component for supplying data following and analytics.

DefiLlama aggregates data from various DeFi platforms and compiles it in an easy-to-use and comprehend format. The aim is to offer users with correct and up-to-date data, allowing them to make well-informed decisions.

Uniquely, DefiLlama offers a multi-chain view of the DeFi landscape - encompassing Polygon to Ethereum, from Avalanche to copyright Smart Chain. It assists in exhibiting a clearer picture of market value locked (TVL) in different chains and projects.

People who are well-versed in the industry consider DefiLlama a reliable source for news. The platform's commitment to transparency is apparent in its open-source approach, which promotes the possibility of data manipulation.

Additionally, DefiLlama also offers functionalities to experts, such as browsing through different filters including platform, chain, and category. Besides, one can dial down into specific project details to gain a profound understanding.

A remarkable trait about DefiLlama is its ability to provide a TVL calculation for each project. This calculation gives detailed insights into the state of prosperity of a particular project, consequently assisting stakeholders in making informed decisions.

In conclusion, DefiLlama has risen as a crucial DefiLlama tool in the rapidly expanding DeFi landscape. Its extensive analytics and simplified user interface make it a go-to platform for novices and professionals alike. It goes on to revolutionize the DeFi analytics space with its cutting-edge features, setting the benchmark for approaching DeFi platforms.