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TVL means the overall value lock. It can measure how many cryptocurrencies have been locked in DEFI borrowing and other types of currency markets.
In in a sense, the total locking value (TVL) is the total amount of liquidity in the liquidity fund pool. This indicator can effectively measure the overall health status of the DEFI and liquidity mining market. It can also be used to effectively compare the "market share" occupied by different DEFI protocols. If you need to track the total lock value (TVL), please visit the defipulse. Here you can see which platforms locked in Ethereum or other digital currency assets locked in DEFI. Based on this, you can roughly understand the current state of liquidity mining.
of course, the more locking the value, the more liquidity mining in the performer. It should be noted that you can measure TVL with ETH, USD, and even BTC. Each way will provide you with different outlook analysis of the Defi currency market status.