Cryptocurrency News

What is total value locked (TVL) in crypto and why does it matter?

05/23/2022

Less than a minute

2022.05.23 07:06

What is total value locked (TVL) in crypto and why does it matter?

To give some perspective, the Ethereum DeFi network includes just under 500 protocols. It has a TVL of approximately $73 billion, with 64% of the market share, compared with BNB Smart Chain, which is the second-highest TVL at $8.74 billion in value at 7.7% of the market share, Avalanche with $5.21 billion and 4.5% of the market share and Solana with $4.19 billion and 3.68% of the market share.

05/23/2022

Less than a minute

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