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HomeCrypto NewsMarketWorld Mobile Token Takes Cardano TVL Above $180M

World Mobile Token Takes Cardano TVL Above $180M


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Cardano Total Value Locked (TVL) tops $180M Following World Mobile Token Addition on Defilama.

Cardano (ADA), a blockchain platform for building decentralized applications, has crossed the $180 million Total Value Locked (TVL) milestone.

The TVL metric represents the total value of assets locked in smart contracts on the Cardano network. This growth in TVL is attributed to the addition of the World Mobile Team on DefiLlama, a popular DeFi analytics platform that tracks the TVL of various DeFi protocols. As a result of this recent development, Cardano has risen to the 18th position in Defillama’s rankings.

The Defillama dashboard shows Cardano’s TVL is now estimated to be approximately $169.46 million, adding a $15.86M staking value of World mobile token, Cardano TVL now is close to $185M.

According to Defilama data, Miniswap currently boasts the highest TVL among Cardano’s decentralized exchanges, with approximately $61.05 million worth of assets and a dominant market share of 36.03%. However, Miniswap’s current TVL valuation has experienced a decline of -1.75% in the past 24 hours.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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