Total Value Locked (TVL)

TVL is the sum of all asset value in a DeFi protocol. It is commonly used to measure the health of and interest in a project.

Annual percentage yield (APY)

A key metric for comparing returns, APY is an asset’s annualised rate of return that factors in the accrued compound interest.

Annual percentage rate (APR)

APR is the annual simple interest earned from an investment, including fees and other additional costs.