TVL (Total Value Locked) represents the total amount of assets locked in the network’s DeFi services and protocols: DEXs, liquidity pools, on-chain services, and other smart contracts where capital is actively used as working liquidity.
⚠️ Important: TVL does NOT include XFI or MPX staking.
What TVL shows:
▪️real usage of the network’s DeFi infrastructure;
▪️the amount of liquidity actively deployed, not just held;
▪️actual demand for on-chain products.
Why this metric matters:
▪️TVL growth = the ecosystem starts operating, not just existing;
▪️TVL reflects market depth and DeFi-layer sustainability, it is one of the key indicators of network maturity.
❤️ With TVL added, CrossFi analytics now captures not only commitment and holding behavior, but real economic activity on-chain.