TVL definition
Definition
Total Value Locked, amount of assets staked in a DeFi protocol
TVL metrics track ecosystem health; Ethereum dominates with 60% share, but L2s like Arbitrum are rising, indicating multi-chain growth. Calculation: Sum of deposits across pools/protocols. Adjustments: Multi-counting avoided via chain-specific. 2025 Leaders: Lido $30B, Aave $15B.
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