The Total Value Locked (TVL) quantifies the value of all assets used as liquidity on Uniswap, it is denominated in US dollars. TVL is often used to assess the health and strength of a DeFi protocol. The TVL is calculated by summing the token amounts multiplied by their respective prices at each timestamp.

This metric shows the Total Value Locked (TVL) for the entire protocol, as well as seperatly for Uniswap's version 2 and version 3.

To improve its accuracy, adjustments have been made by eliminating token reserves that showed signs of token price manipulation.