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DEFI TVL TVL Value Locked in Liquid Staking

DeFi

The total USD value of assets deposited in liquid staking protocols, which issue a tradeable token representing staked assets Shown here for stHYPE.

Why it matters

To measure the scale of capital using liquid staking rather than traditional locked staking.

How it is built

Summing the USD value of underlying assets deposited across all tracked liquid staking protocols.

What to watch

Growth in liquid staking TVL signals a shift toward capital efficiency, since users retain liquidity and DeFi composability while still earning staking rewards.

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