Cryptocurrency Q&A What is the total value in DeFi?

What is the total value in DeFi?

Andrea Andrea Mon Nov 18 2024 | 6 answers 1007
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. What is the total value in DeFi?

6 answers

TaegeukWarrior TaegeukWarrior Wed Nov 20 2024
The Total Value Locked (TVL) metric serves as a crucial indicator in the decentralized finance (DeFi) sector.

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Emanuele 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.

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Caterina Caterina Wed Nov 20 2024
The process begins with identifying all the different types of assets involved.

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BonsaiGrace BonsaiGrace Tue Nov 19 2024
These assets can range from various cryptocurrencies to tokens.

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EnchantedDreams EnchantedDreams Tue Nov 19 2024
Once the assets have been identified, the next step is to ascertain their quantities.

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