@deskowaltruda
Total Value Locked (TVL) measures capital committed to a project, especially DeFi. Higher TVL implies trust and yield opportunities. Track deposits/withdrawals on-chain. Dune Analytics dashboards aggregate TVL across chains, using queries on liquidity pools. DeFi Llama provides multi-chain overviews. Adjust for incentives like airdrops to avoid inflated figures. Sustained TVL growth post-subsidy phases signals genuine value. Use this to compare protocols like Aave vs. Compound.
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