The alphabet / Letter 11 of 12
Т is for TVL.
Value locked in the contracts of a chain.
Value locked on Ethereum, live
–
Source: DefiLlama
What it is
Total value locked is the value of assets deposited in the DeFi contracts of a chain: lending markets, exchanges, staking and more.
How to read it
TVL moves with token prices, so a rise may only mean that prices rose. Compare it with price before reading it as new money.
General education, not financial advice. Live figures come from third parties and may be late or wrong. Cyrillic Metrics does not recommend any asset.