Skip to main content

Value Locked

Definition

Value Locked, often abbreviated as TVL (Total Value Locked), represents the aggregate amount of digital assets deposited or staked within a specific decentralized finance (DeFi) protocol or application. It serves as a key metric to gauge the popularity, liquidity, and overall health of a DeFi project. A higher value locked typically indicates greater user confidence and utility within the protocol. This metric helps assess the scale of a DeFi ecosystem.