Glossary

TVL

TVL estimates the value of assets deposited in a protocol or group of smart contracts.

Total value locked

Plain-English meaning

In this game, TVL is used as a vocabulary card for recognizing how market and technology concepts fit together. The short idea is: total value locked.

The term is not shown as a recommendation. It is included so players can learn the language they may see in exchange interfaces, wallet prompts, research notes, AI product pages, or on-chain analytics dashboards.

Why it belongs with On-Chain Risk Signals

These terms help explain observable risk signals in crypto systems without advising any transaction.

When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.

Where you might see it

You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.