DeFi yields and TVL are the two most important metrics in decentralized finance. Here's how they work and how to track them.
What is TVL (Total Value Locked)?
TVL is the total value of assets deposited in a DeFi protocol. It's a measure of adoption and trust. Higher TVL generally means more liquidity and lower risk of manipulation.
How DeFi Yields Work
When you deposit assets into a protocol, you earn yield from:
- Trading fees — From automated market makers (AMMs)
- Lending interest — From borrowers paying interest
- Protocol rewards — Token emissions to incentivize liquidity
Track Yields with CryptoBoss
get_defi_yields → Real-time APY across 200+ protocols
get_defi_tvl → TVL rankings with historical data