I'm curious about the overall value locked up in decentralized finance, commonly known as DeFi. I want to know the total worth of assets that are currently being utilized in this emerging financial system.
6 answers
TaegeukWarrior
Wed Nov 20 2024
The Total Value Locked (TVL) metric serves as a crucial indicator in the decentralized finance (DeFi) sector.
Emanuele
Wed Nov 20 2024
It is derived by aggregating the worth of all assets that have been staked or locked within a DeFi platform.
Caterina
Wed Nov 20 2024
The process begins with identifying all the different types of assets involved.
BonsaiGrace
Tue Nov 19 2024
These assets can range from various cryptocurrencies to tokens.
EnchantedDreams
Tue Nov 19 2024
Once the assets have been identified, the next step is to ascertain their quantities.