The project (Aave) is the largest project in the field of decentralized finance (DeFi) in terms of total value locked currently, with its locked liquidity amounting to 32.7 billion US dollars.
$AAVE
Explanation of the term TVL: Total Value Locked (TVL) is the primary metric used to measure the size of liquidity and funds deposited within decentralized finance protocols. In other words, it is the total amount (in dollars) of cryptocurrencies that users have placed in the project (either for lending, borrowing, providing liquidity, or investing in it), and this money remains “locked” within the smart contracts of the protocol. The higher the TVL in a project, the greater the confidence from investors and users, and the higher the activity, and thus it is considered one of the most important indicators for assessing the strength of DeFi projects.$BTC
BTC
86,567.37
+0.24%
BNBUSDT
Perp
864.35
+0.56%
