TVL
TVL, which stands for Total Value Locked, is an indicator of the overall value of crypto-assets deposited at a given time within a decentralised finance protocol or a decentralised application (dApp).
TVL is used to estimate the size of a protocol and the liquidity available to it: it includes, for example, the crypto-assets deposited in liquidity pools, lending protocols or staking programmes. It is generally expressed in dollars or another reference currency.
TVL is a descriptive parameter and should be interpreted with caution: its value also depends on the price of the deposited crypto-assets. It is neither an indicator of returns nor a guarantee of a protocol’s soundness.
Young Platform does not offer the decentralised finance services described in this entry. The DeFi protocols and dApps to which the TVL refers do not fall within the scope of crypto-asset services regulated by Regulation (EU) 2023/1114 (MiCAR) and are not subject to the corresponding regulatory protections. For details on the services actually provided by Young Platform, please refer to the General Terms and Conditions.