Cardano's Total Value Locked (TVL) Reaches New Highs, and IOHK CEO Says It's Only the Beginning: Details

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Cardano's Total Value Locked (TVL) Reaches New Highs, and IOHK CEO Says It's Only the Beginning: Details
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Total value locked (TVL) on Cardano reaches record highs, IOHK CEO says it is just getting started: details Cardanohodlers ADA CardanoCommunity

The DefiLlama dashboard demonstrates that Cardano's TVL is substantially higher when staked governance tokens are included in the TVL valuation. With the inclusion, Cardano's TVL now stands at about $271.02 million.The Cardano network has seen a quick surge in total value locked from roughly $1.7 million to $271 million, a near 15,840% increase, following the launch of SundaeSwap and MinSwap DEXes.

The upgrade in question appears to be named after Vasil Dabov, the late Bulgarian mathematician who was a prominent member of the Cardano community. The upgrade is expected to take place this June.

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