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
KYC (Know Your Customer)
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Market Taker
Participant of the market who buys and sells from currently existing orders
Miners
Contributors to a blockchain taking part in the process of mining.
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