Internet
tvl
What does tvl mean?
Total Value Locked is a metric for the aggregate value of crypto assets deposited in a protocol or across DeFi, used as a gauge of adoption and trust.
"The protocol's TVL doubled after the new incentives launched."
Origin
DeFi analytics term popularised by dashboards like DefiLlama.
Frequently asked questions
What does TVL mean in DeFi?
TVL stands for total value locked, the aggregate value of crypto assets deposited in a protocol or across DeFi, used to gauge adoption.
Why does TVL matter?
A higher TVL suggests more user trust and liquidity in a protocol, though it can be inflated by incentives or double-counted across integrations.
Where can you check TVL?
Analytics dashboards like DefiLlama track TVL for individual protocols and the DeFi sector as a whole.
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