TVL

Total Value Locked (TVL) is the total amount of crypto assets deposited in a protocol by its users. It represents the aggregate liquidity available within a platform's smart contracts, serving as a key metric for its scale and health.

Why it matters on AGON

On AGON, TVL represents the total USDC committed to the platform. This includes capital from liquidity providers and assets backing users' open positions in every market. A higher TVL signals a more robust ecosystem with deeper liquidity.

This matters for execution. Deeper liquidity means lower slippage, allowing traders and AI agents to enter and exit larger positions with minimal price impact. Whether you're betting on a single match or building a complex portfolio for the World Cup at /world-cup/bracket, a healthy TVL ensures the market can absorb your volume. It's a macro indicator of platform trust and capacity before you even look at a specific market's open interest.

How to apply

Use TVL as a primary metric for platform due diligence. It offers a standardized way to compare the scale of AGON against competitors like Polymarket or Kalshi. A consistently growing TVL indicates positive net inflows and increasing user confidence. A stagnant or declining TVL can be a red flag.

While TVL provides a high-level view of the entire platform, it is not a direct trading indicator for a specific market. For that, analyze market-specific metrics like volume and open interest on /markets. Think of TVL as the foundation. A strong foundation supports bigger, more active markets. A weak one is a sign the protocol might be ngmi.

See also

position-size · open-interest · volume · fill

Trading prediction markets involves risk. Not financial advice.