What is TVL Crypto
TVL Crypto is a metric used in DeFi, or decentralized finance, that measures the total dollar value of cryptocurrencies locked in a specific protocol. TVL is an important indicator of activity on a DeFi platform.
TVL is calculated by adding up the value of all cryptographic assets locked in a specific protocol. This includes stable coins such as Tether (USDT) as well as the platform’s native tokens. TVL is an important indicator of the success of a DeFi protocol, as the more assets are locked, the more value the platform is providing to users.
Crypto TVL is a useful metric for investors and DeFi users as it provides an overview of the total value locked on a platform. This can help users evaluate the risk and profitability of investing in a specific DeFi protocol.
Some popular DeFi protocols have very high TVLs, such as Uniswap, which has a TVL of over $10 billion. However, it is important to remember that TVL is just one metric and should not be the only factor considered when evaluating a DeFi protocol. Other factors such as security, liquidity, and community adoption are also important to consider.
TVL Meaning
TVL is an acronym that means “Total Value Locked” in English, which translated into Portuguese would be “Valor Total Blocked”. This metric is used to measure the total value of cryptocurrencies that are locked in a particular decentralized finance (DeFi) protocol.
TVL is an important metric because it indicates the amount of money being moved in a given DeFi protocol. This can be used to gauge the popularity and adoption of that protocol. The higher the TVL, the greater investors’ confidence in the protocol and the greater the likelihood that it will continue to grow.
It is important to note that TVL can fluctuate greatly over time, as the value of cryptocurrencies is volatile and can change quickly. However, TVL is still a useful metric for evaluating the overall health of a DeFi protocol and for comparing different protocols against each other.
Some of the most popular DeFi protocols currently include Ethereum, Cardano, and Polkadot. These protocols have a fairly high TVL and are widely used by investors and traders around the world. However, there are many other emerging DeFi protocols that are gaining popularity and could eventually overtake these more established protocols.
Top Currencies in TVL
TVL (Total Value Locked) is an important indicator in the world of cryptocurrencies, as it measures the total value of assets locked in a given DeFi protocol. Some of the top currencies in TVL include:
Ethereum (ETH)
Ethereum is one of the top coins in TVL, as many of the DeFi protocols are built on its blockchain. Furthermore, Ethereum is the second largest cryptocurrency by market value, behind only Bitcoin.
Wrapped Bitcoin (WBTC)
Wrapped Bitcoin (WBTC) is a cryptocurrency that represents Bitcoin on the Ethereum blockchain. This allows Ethereum users to have access to all of Bitcoin’s features, such as the ability to be used as collateral in DeFi protocols.
USD Coin (USDC)
USD Coin (USDC) is a stablecoin that is backed by US dollars. This means that the value of USDC is always equal to one US dollar. USDC is widely used in DeFi protocols as a way to transfer value without worrying about cryptocurrency volatility.
Uni swap (UNI)
Uniswap is a DeFi protocol that allows the exchange of cryptocurrencies without the need for a centralized exchange. UNI is Uniswap’s native token and is used as an incentive for users who provide liquidity to the protocol.
AAVE (AAVE)
Aave is a DeFi protocol that allows the borrowing and lending of cryptocurrencies. AAVE is Aave’s native token and is used as an incentive for users who provide liquidity to the protocol.
These are just some of the top TVL coins in the cryptocurrency world. It is important to remember that TVL is a dynamic indicator and that the most popular coins may change over time as new DeFi protocols are created.
