Total Value Locked
By CoinGecko | Updated on Aug 13, 2021
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
Related Terms
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Block
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.
Transactions Per Second (TPS)
It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.
InterPlanetary File System (IPFS)
The InterPlanetary File System (IPFS) is a peer-to-peer network and distributed file system protocol for storing and transferring data.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.