Total value locked (TVL) is the dollar value of every asset sitting inside a chain's or a protocol's contracts at one moment. On Robinhood Chain it is —pending, as reported by DeFiLlama. TVL measures deposits, not quality, ownership, or how long anything stays.
TVL is price times quantity, so it moves when prices move even if nobody deposits or withdraws anything. If the assets in a pool double in price overnight and every position stays where it is, TVL doubles. Trackers also count different contracts — pools, bridges, staking, lending — so two sites can publish two honest numbers for the same chain on the same day, which is why the figure above names its source.
The "locked" in total value locked does not mean a liquidity lock. It means deposited, and depositors can usually withdraw whenever they like.
Chain-level TVL appears on Robinhood Chain by the numbers with its source named. What matters for a token you are about to trade is one level down: the depth of its own liquidity pool, shown on its token page and filterable in the screener. For why this chain's liquidity sits where it does, read where Robinhood Chain's liquidity lives.
Frequently asked questions
Is TVL the same as market cap?
No. Market cap multiplies a token's supply by its last traded price, so it is an estimate of what the whole supply would notionally be worth. TVL counts assets actually deposited in contracts. A token can carry a large market cap and a shallow pool, which is why a modest sell can move its price hard. Market cap vs liquidity works through the gap.
Where Robinhood Chain's liquidity lives
Robinhood Chain liquidity sits in Uniswap v3 positions, which are NFTs. Why that changes pool depth, why locks became NFT locks, and how to read one.
Read nextRobinhood Chain by the numbers
Live Robinhood Chain stats: tokens tracked, DEX volume, TVL, liquidity locked and unlocks ahead — each figure read from contracts and explained plainly.
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