【Term Explained】What does TVL actually indicate?
TVL is often used to measure how much capital a project or public blockchain has attracted, and is one of the commonly used DeFi metrics.
The assets locked in many protocols on Ethereum include large amounts of ETH and ETH derivatives, so fluctuations in the price of ETH directly affect the TVL of those protocols.
Related token: $ETH Current price: 2421.88 (24h -0.65%).
The market is always full of surprises, so think in advance about what you’ll do if you’re wrong.
TVL is often used to measure how much capital a project or public blockchain has attracted, and is one of the commonly used DeFi metrics.
The assets locked in many protocols on Ethereum include large amounts of ETH and ETH derivatives, so fluctuations in the price of ETH directly affect the TVL of those protocols.
Related token: $ETH Current price: 2421.88 (24h -0.65%).
The market is always full of surprises, so think in advance about what you’ll do if you’re wrong.