JupiterJUP

Total value locked (TVL) is calculated to measure the total value of a project's on-chain deposits and/or the tokenized value of user deposits made offchain. This metric is utilized as a leading indicator for revenue-generating activity, such as borrowing, trading, or staking, though the assets can typically be withdrawn by depositors at any time. By aggregating the value of staked SOL, assets locked in the perpetual trading vault, and supplied lending capital, a comprehensive view of the protocol's economic scale is provided across Jupiter Staked SOL, Jupiter Perps, and Jupiter Lend. These deposits are maintained to facilitate trades, secure the network, and enable borrowing activities on the protocol.Learn more