Introduction

Sablier is a real-time financial system based on the Ethereum blockchain that allows for the creation of money streams. Sablier allows you to stream money or payments in real-time, similar to how you would a movie or song.But Sablier does not own a token.

Total value locked, or TVL, is the amount of all staked crypto assets that are generating rewards, interest, and so on across all DeFi protocols.

Methodology

The contract address of the Sablier protocol is obtained from etherscan.io and it is used to aggregate the TVL locked up in the protocol from the ethereum_core dataset.The contract address is matched with the receiver address and the amount in USD is summed up to receive the TVL.

The total of all the transactions that happened in the Sablier protocol is accounted for and are summed up to receive this amount.

The table here shows the necessary values that are used to calculate the TVL locked up.

The TVL data that are accounted for are charted here on daily basis and this shows that July 16,2021 was the day which is responsible for a huge hike in the TVL value.

The tokens that are responsible for transactions in the Sablier protocol are charted here.It is seen that PLA token had made the highest amount of transactions in the Sablier protocol over time.

Conclusion

We may get the payment rate per second by multiplying the lock-up value by the difference between the stop and start times. Sablier utilizes this rate to send a little amount of money once per second from the sender to the receiver.

The total users in the Sablier Protocol are also accounted for here. As distinct users are an important chapter for accounting the total TVL.