Definition. The total Value Locked (TVL) on Uniswap denominated in US dollars, presented as the total for a given fee tier on Uniswap V3. For each traded token pair, Uniswap allows for pools with four different trading fees: 0.01%, 0.05%, 0.3%, and 1%.

Technical. TVL is calculated by summing the token amounts multiplied by their respective prices at each timestamp. To improve accuracy, adjustments have been made by eliminating token reserves that showed signs of token price manipulation.