TVL (Total Value Locked) represents the amount of assets that are currently being staked in a specific protocol. This value represents the total amount of underlying supply being secured by a specific application and/or by whole DeFi.

Basically, TVL is good measure to compare the liquidity providers on Uniswap, because it does not take into account how much each unit of locked up token is utilized. For example, each token pair on Uniswap requires its own individual ETH pool. On the other hand, TVL can also be calculated in USD, by taking the balances and multiplying them by their price in USD.

With the increase of value for UNI and other tokens, it is obvious that TVL keeps increasing and from the above graph, we could see that around May 1st there was $1.2 billion rise in TVL, which means that the TVL is up almost 100%. Also the adjusted TVL, which removes the fluctuation of token prices, shows more than 100% growth in the past two months.

Uniswap TVL has reached around $5.02 billions post mid of August 2021 and stood in 9th place when compared to other DeFi applications.

Here is the weekly Average TVL computed on Uniswap over the past 6 months and let us see how this has been changed week over week in the last 2 quarters.

Observations:

On seeing all the above illustrations and Average TVL trend in the past few months, we could infer that TVL on Uniswap will follow a slightly increasing trend and can reach around $5.5 billion when compared with other DeFI applications.