What's the TVL in DeFi & Why TVL is so important?
Total Value Locked (#TVL ) is a metric used to measure the total value of digital assets that are locked or staked in a particular decentralized finance (DeFi) platform or distributed application (DApp). The higher the TVL, the more trustworthy the platform or DApp is perceived to be.
To put it simply, “total value locked” represents the number of assets that are currently being staked in a specific protocol: this value is not meant to represent the number of outstanding loans, but rather the total amount of underlying supply that is being secured by a specific application completely.
Total value locked is a metric that is used to measure the overall health of a DeFi protocol.
Ethereum TVL on top, before BSC, Tron, Arbitrum, & Polygon etc.
