Total value looked means

in #crypto • 2 years ago

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.

#blockchain #technology
2 years ago in #crypto by
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