TVL (Total Value Locked)

The cryptocurrency term TVL stands for “Total Value Locked”.

A large number of DeFi applications require users to deposit their coins or tokens into the smart contract to earn yields (e.g. Yield Farming, Lending Coins). The total of these deposits into a DeFi application is referred to as the TVL or Total Value Locked.

See also: Decentralized Exchange, Blockchain Explorer, Web3.

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