Total Lock Value

TVL stands for "Total Value Locked" in the context of decentralized finance (DeFi). It is a metric used to measure the amount of assets that are currently being staked or deposited in a particular DeFi protocol. TVL is often used as an indicator of the protocol's popularity and trustworthiness, as a higher TVL generally means that more users are willing to lock their assets in that protocol. The assets can include cryptocurrencies like Ethereum, Bitcoin, or various stablecoins, among others. TVL is usually expressed in USD for easier comparison across different protocols.