In short Total Value Locked — the dollar value of assets deposited in a DeFi protocol or chain.
TVL rises with token prices even when no new money arrives, and the same capital can be counted twice across protocols. Read it as a rough gauge.
In short Total Value Locked — the dollar value of assets deposited in a DeFi protocol or chain.
TVL rises with token prices even when no new money arrives, and the same capital can be counted twice across protocols. Read it as a rough gauge.
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