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Hey there! I've been diving into the world of DeFi and came across the term "Total Value Locked" or TVL. Can you explain what exactly TVL means? How does it work, and why is it important for understanding the health and popularity of decentralized finance projects? Thanks!

Hey there! I've been diving into the world of DeFi and came across the term "Total Value Locked" or TVL. Can you explain what exactly TVL means? How does it work, and why is it important for understanding the health and popularity of <a data-auto-add="True" href="/feed/faq/categories/Decentralized%20Finance%20Defi" rel="noopener noreferrer" target="">decentralized finance</a> projects? Thanks!

What is Total Value Locked (TVL) in DeFi?

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What is Total Value Locked (TVL) in DeFi?

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