Cardano DeFi TVL Rises More Than 100% In One Month
DeFi protocol defillama in Cardano a proof of stake smart contract platform has locked over $100 million in user assets as of February 7.
DeFi llama statistics, Cardano DeFi protocol commands a total value locked (TVL) of over $103 million which is more than 2x the amount on January 1.
DeFi llama is expanding faster than the overall market illustrates from January 1 to February 7 the total DeFi TVL across all chains rose from around $38 billion to $48 billion on an increment of approximately 20% during this time.
DeFi activities in Cardano after a bitting crypto winter which saw ADA drop by more than 70% from 2021 highs, market indicate recovering ADA prices are recovering.
The live Cardano price today is $0.389718 USD with a 24-hour trading volume of $312,130,002 USD Cardano is up 0.07% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $13,488,011,317 USD. It has a circulating supply of 34,609,653,532 ADA coins and a max. supply of 45,000,000,000 ADA coins.
Cardano price statistics the ADA price change in 24 hours is -$0.002891 of 0.74% and 24 hour low is $0.3816 and 24 hours high is $0.3959 with 1.26% Market dominance.
ADA's 7-day low is $0.3727 and the 7-day high is $0.4129 with 1697.77% Cardano ROI.