This new platform is revolutionizing the domain of decentralized finance (DeFi). It is the largest analytics website covering multi-chain defi platforms.

The emergence of DeFi seeks to create an open-source, permissionless, and transparent financial service ecosystem. Here, the platform in question acts as a vital component for providing data following and analytics.

DefiLlama aggregates data from multiple DeFi platforms and delivers it in an easy-to-use and comprehend format. The purpose is to provide users with precise and up-to-date data, allowing them to make well-informed decisions.

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

DeFi experts consider DefiLlama a reliable source for updates. The platform's commitment to transparency is evident in its open-source methodology, which promotes the possibility of data manipulation.

Further, DefiLlama also extends services to followers, such as browsing through different filters like platform, chain, and category. Besides, one can dial down into specific project details to obtain a detailed insight.

A defining feature about DefiLlama is its ability to here provide a TVL calculation for each project. This calculation gives detailed insights into the economic status of a particular project, thus assisting stakeholders in making informed decisions.

To sum up, DefiLlama has emerged as a significant tool in the rapidly growing DeFi landscape. Its in-depth analytics and simplified user interface make it the foremost selection for novices and professionals alike. It continues to innovate the DeFi analytics space with its state-of-the-art features, setting the benchmark for future DeFi platforms.