Cardano’s total value locked rises amid massive DeFi inflows
According to data from DefiLlama, the Cardano DeFi ecosystem has attracted more funds, recording a positive 24-hour change of 6.04% in its total value locked (TVL).
Between May 19 and May 21, Cardano’s DeFi witnessed inflows of nearly $73 million. This is reflected in the surge in total value locked (TVL) from roughly $124 million on May 19 to $197 million on May 21.