Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Cardano’s DeFi Boom: ADA’s Total Value Locked Skyrocketed in Q4 2023

Cardano’s DeFi Boom: ADA’s Total Value Locked Skyrocketed in Q4 2023


CryptoGlobe
2024-02-16 23:55:00

The Cardano ($ADA) ecosystem has been seeing significant growth, particularly in the realm of decentralized finance (DeFi), as the total value locked (TVL) on its decentralized applications keeps on surging. According to a recent Messari report, the increase in Cardano’s total value locked was around 166% quarter-over-quarter and an impressive 693% year-over-year. This growth catapulted


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.