DeFi Protocol Token vs Total Value Locked (TVL)
Quick comparison to help you distinguish these two crypto terms.
DeFi Protocol Token
intermediate
fundamentals
A DeFi protocol token is a cryptocurrency issued by a decentralized finance application that grants holders governance rights, fee revenue sharing, or other protocol-specific privileges.
Read full definitionTotal Value Locked (TVL)
intermediate
market_structure
Total Value Locked (TVL) is the total monetary value of all cryptocurrency assets deposited and actively held within a decentralized finance protocol at a given moment.
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