Total Value Secured
The sum of all assets secured by the chain, including canonically bridged, externally bridged, and natively issued tokens. Methodology and data is derived from L2Beat.com.
About this metric
What does Total Value Secured tell you?
Total Value Secured is a crucial metric for assessing the success in a blockchain. High TVS indicates that users have significant trust in the chain's security and reliability, as well as confidence in the usefulness and functionality of the various applications available on the chain.
How is Total Value Secured calculated?
At deltapools, we leverage data from L2BEAT to calculate Total Value Secured (TVS). TVS includes all assets secured by the chain, including canonically bridged, externally bridged, and natively issued tokens. It is a sum of stablecoins, other tokens, and public RWAs.
How can Total Value Secured be gamed?
Total Value Secured can be artificially inflated through the use of wrapped tokens or other synthetic assets that do not represent real value. Additionally, the use of bridges to transfer assets between chains can also lead to double-counting of value if not properly accounted for. For these reasons, it's important to interpret TVS alongside other metrics like Chain Revenue or Stablecoin Supply to get a full picture of a chain's health.
How to interpret Total Value Secured?
A rising TVS generally indicates growing user interest and trust in the blockchain, while a declining TVS may signal waning confidence. However, it's important to consider TVS in context with other metrics, as high TVS doesn't always equate to a healthy or valuable network.
