Total value looked means

in crypto •  last year 

To better understand TVL, imagine that you deposit $1000 into a DeFi protocol that allows you to earn interest on your deposit. Your $1000 is now locked or staked in the protocol. Now, if ten other people also deposit $1000 each into the same protocol, the TVL of the protocol becomes $11000.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!