Total Locked Value (TLV) refers to the total amount of assets that are locked within a specific protocol or platform, often in the context of decentralized finance (DeFi). It serves as a measure of the overall usage and popularity of a project.When users stake their tokens, provide liquidity, or engage in other activities that require locking their assets, the total value of these locked assets is counted towards the TLV. This value is typically expressed in U.S. dollars or another fiat equivalent for clarity.A higher TLV often indicates greater trust and interest from users, suggesting that the platform is functioning effectively and attracting more investments. Conversely, a declining TLV may raise concerns about the platform’s viability or user engagement.TLV is an important metric for investors and developers alike, offering insight into the health and growth potential of DeFi projects. It helps assess the competitive landscape and serves as an indicator of market trends and sentiment.