Defillama Criticizes Misleading RWA Metrics, Calls out Figure Co-Founder Allegations

0xngmi, founder of Defillama, has called out some companies for promoting what he called fake RWA metrics, replicating database movements onto blockchains to simulate activity. The post comes as an answer to Figure, which claims that Defillama has repeatedly refused to list their volumes due to their low follower count on X.

Defillama Criticizes Figure’s