1. What does TVL (Total Value Locked) mean?
TVL refers to the total amount of money that users have deposited or locked into a DeFi (Decentralized Finance) project. This includes funds used for staking, lending, providing liquidity, or other financial activities on the platform.
For example, if 100 people together lock $2 billion in a DeFi app, its TVL is $2 billion.
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2. What is the BlackRock BUIDL project?
BlackRock is the world’s largest investment management company. Its BUIDL project is a blockchain-based DeFi platform that allows users to invest in digital assets in a more secure and regulated environment.
The goal is to bring traditional financial products onto the blockchain in a trusted way.
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3. What does the news mean?
In the month of April:
BlackRock’s BUIDL project saw a TVL growth of over 31%, which means more and more people are putting their money into it.
Its total value locked has now reached $2.46 billion, which is a massive number.
Additionally, Ethena USDtb and Ondo Finance are two other DeFi projects that have each crossed $1 billion in TVL.
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4. Why is this important?
This growth shows that investors and institutions are gaining more confidence in blockchain-based financial systems.
Since a major player like BlackRock is involved, it indicates that traditional finance is beginning to merge with crypto and DeFi.
A rising TVL is a strong signal of the health and expansion of the DeFi market — more trust, more users, and more adoption.
