Standardized TVL

Total value locked (TVL) is the overall value of crypto assets deposited in a protocol. It has appeared as a critical metric for estimating interest in that particular sector of the crypto industry.

TVL includes all the coins deposited in all of the functions that protocols offer, including:

• Staking
• Lending
• Liquidity pools

A project's TVL doesn't only change when users make new deposits or withdraw their assets. It is regularly evolving according to the fluctuating dollar value of all those assets in the cryptocurrency market. Some or even all of a protocol's deposits may be denominated in its native token. When its native token appreciates, the protocol's TVL grows in tandem.

The definition from Coinmarketcap: “To get the current market cap, you need to multiply the circulating supply by the current price.” At the same time, TVL is calculated by multiplying the number of funds locked as collateral in the ecosystem by the current price of the assets.

This chart shows the pools that had the most Tvl Rune. BTC.BTC had the most part with 24.4%. ETH.ETH on second place with 18%.

This chart shows the Rune and TVL assets. BTC.BTC had the most part on TVL.