Sherlock is a risk management protocol whose mission is to make DeFi safe for the masses. Sherlock combines protocol-to-protocol coverage with a decentralized smart contract security team to bring large amounts of affordable coverage to DeFi and beyond
Total Value Locked
We count USDC that has been staked into the contracts (staking pool). Periodically USDC is swept into Aave, so we also count the aUSDC that is held (in a separate contract from the main contract).