No Summary provided as the original text is short
- Total Value Locked (TVL): The total value of assets deposited in decentralized finance (DeFi) protocols, used as a measure of market size and activity.
- Liquidation Event: A process where assets are automatically sold to cover losses when collateral value drops below required thresholds in leveraged or margin trading.
- DeFi: Short for decentralized finance, a blockchain-based financial system allowing peer-to-peer transactions without traditional intermediaries.