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DEFI TVL TVL Total Value Locked by DEFI Project

DeFi

The total value locked in each individual DeFi protocol deployed on Ethereum Shown here for USDD.

Why it matters

To compare the scale of deposited capital across Ethereum's DeFi protocols.

How it is built

Summing the USD value of all assets deposited in each protocol's smart contracts on Ethereum.

What to watch

TVL rankings show which protocols hold the most trust and capital within Ethereum's DeFi ecosystem, and shifts reveal capital rotation between them.

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