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Cardano's DeFi TVL drops 16% in 24 hours despite ADA price rally
Over the past 24 hours, Cardano's Total Value Locked (TVL) in decentralized finance (DeFi) has decreased by 16%, reaching $54.35 million, despite ADA's 10% price increase. This decline suggests a weakening DeFi sector on the Cardano network.
Key points
- Cardano's DeFi TVL declines by 16% in 24 hours, reaching $54.35 million.
- ADA price increases by 10% over the same period.
Sources
AI-generated from public news sources. Not financial advice.
