#explain-card [[Total value locked|Total Value Locked]] (TVL) refers to the total value of assets that are currently being staked or locked in a [[Decentralized finance|decentralized finance]] ([[DeFI]]) protocol. It is a key metric used to measure the overall health and growth of a DeFi platform. TVL includes all the assets deposited in the protocol, such as cryptocurrencies, [[Stablecoin|Stablecoins]], and tokens. A higher TVL indicates a higher level of trust and usage of the platform by users.