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> define tvl

Total value locked (TVL)

The dollar value of assets deposited in a DeFi protocol's smart contracts. It is a measure of size, not revenue or profit, and it moves with token prices as well as deposits.

Related terms

APYLiquidity pool

Where this comes up in our coverage

EthereumETHLighterLITAerodromeAEROAsterASTERPolygonPOL

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