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Why DeFi Pulse's Key Metric Is So Simple It's Confusing

DeFi Pulse invented "Total Value Locked." Yet, TVL's mechanics have been somewhat confusing to those in the space. Here's how the leading DeFi metric works.

DeFi Pulse does the complex work of counting how much is committed to each DeFi platform. (Crissy Jarvis/Unsplash)
DeFi Pulse does the complex work of counting how much is committed to each DeFi platform. (Crissy Jarvis/Unsplash)