Binance Knowledge Dictionary Issue 39: Total Value Locked Total Value Locked (TVL) refers to the total value of assets deposited in DeFi protocols. Let’s say you deposit $1,000 into a DeFi protocol. This $1,000 is now locked or staked in the protocol. If 10 other people also deposit $1,000 each into the same protocol, what would the TVL of the protocol be❓ Learn more