TVL — TVL is a size metric, not revenue. Low-quality TVL can leave quickly when incentives end.
Why it matters
Total value locked — assets deposited in a DeFi protocol.
Browse more in the crypto glossary.
TVL — TVL is a size metric, not revenue. Low-quality TVL can leave quickly when incentives end.
Total value locked — assets deposited in a DeFi protocol.
Browse more in the crypto glossary.