Thread by @cardano_daily

1/6 @CardanoStiftung TVL Records A New ATH.

Bullish activities have not slowed down in the #Cardano ecosystem with TVL on #CardanoADA DeFi protocols has reached a new ATH of over $134M.

Per data from @DefiLlama, the TVL of @Cardano DEXs has surpassed its previous high of $130M.

@CardanoStiftung @DefiLlama @Cardano 2/6 The @DefiLlama dashboard shows #Cardano TVL to be even higher when staked governance tokens are added to the TVL valuation. However, the live TVL of the proof-of-stake blockchain was around $133 at the time of writing.

#ADA #CardanoADA #CardanoCommunity $ADA @Cardano

@CardanoStiftung @DefiLlama @Cardano 3/6 Among the #Cardano DEXs Defillama tracks, @SundaeSwap has the largest TVL. #SundaeSwap maintains an 88.77% dominance, with over $116 million in TVL. The automatic market maker DEX has seen its TVL increase around 72.43% in the last month.

#ADA #CardanoADA #CardanoCommunity

@CardanoStiftung @DefiLlama @Cardano @SundaeSwap 4/6 @SundaeSwap dominance may soon be challenged by @MinswapDEX another AMM DEX that is set to on mainnet launch later this month. Already, #Minswap has around $12M in TVL staked in its Liquidity Bootstrapping Event (LBE).

$MIN #ADA #Cardano #CardanoADA #CardanoCommunity

@CardanoStiftung @DefiLlama @Cardano @SundaeSwap @MinswapDEX 5/6 The bullish TVL trend is accompanied by other upbeat indicators like the surge in the number of active wallets on the Cardano blockchain network. Cardano recorded an average of 5000 new active wallets daily in February going by data from #Cardano Blockchain Insights.

@CardanoStiftung @DefiLlama @Cardano @SundaeSwap @MinswapDEX 6/6 This chart proudly call all the names below:
@SundaeSwap #SundaeSwap
@MELD_labs $MELD
@MinswapDEX $MIN
@MuesliSwapTeam
@VyFiOfficial
@adax_pro

#Cardano #CardanoADA #ADA #CardanoCommunity @Cardano @CardanoStiftung