What is TVL (Total Value Locked)?

The total value of assets deposited in a DeFi protocol, pool or chain.

TVL (Total Value Locked) in practice

TVL measures trust and liquidity depth, but compare it with volume: a pool turning over its TVL daily earns real fees, while high-TVL/zero-volume pools earn nothing and often signal stale or fake pricing.

Where to see it live

Every pool in the yields screener shows TVL next to volume and fee APR, so the productive pools stand out from the parked ones.

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