BTC$86,537.27+1.32%ETH$2,757.51+0.85%BNB$790.74+0.41%XRP$1.62+6.57%SOL$118.59+1.43%TRX$0.3438−1.40%ZEC$1,613.27+8.00%FIGR_HELOC$1.03+1.77%HYPE$97.30+3.51%DOGE$0.1015+1.28%XMR$572.82−0.13%WBT$86.96+1.23%LINK$13.00+0.46%ADA$0.2572+5.15%
wardcrest

Total value locked

Also called TVL

The total dollar value of assets deposited in a protocol’s smart contracts. TVL says something about usage and incentives, but it is not revenue, and double-counting or token price swings can make it look larger than the underlying activity.