What is total DeFi market capitalization?

Total DeFi market capitalization is the combined value of the native tokens of the largest decentralized finance (DeFi) protocols. These include decentralized exchanges (DEXs), lending platforms and liquid staking or restaking protocols.

Total DeFi market cap chart

What is TVL?

TVL (Total Valuer Locked) is the combined value of cryptocurrency assets locked in DeFi protocol smart contracts across popular blockchains.

DeFi TVL chart