What Is Total Value Locked?
Total value locked, or TVL, measures how much crypto is deposited in a DeFi protocol. It is a key
gauge of size, trust and sentiment.
1
A size gauge
Higher TVL means more capital trusts the protocol.
2
Across DeFi
Tracked per app and chain to compare adoption.
3
Not the whole story
TVL can be inflated by incentives or double-counted.
Source: CFGI
Crypto