World Mobile Token Raises Cardano TVL Over $180 Mln
Cardano (ADA), a blockchain platform for building decentralized applications, has passed the $180 mln TVL milestone. This increase in TVL is due to the addition of the World Mobile Team to DefiLlama, a popular DeFi analytics platform that tracks the TVL of various DeFi protocols. As a result of this event, Cardano moved up to 18th place in the Defillama rankings.
According to Defillama, Cardano TVL is currently valued at around $169.46 mln and the World Mobile Token staking value is $15.86 mln, Cardano TVL now is close to $185 mln.
Miniswap currently boasts the highest TVL among Cardano decentralized exchanges, with around $61.05 mln in assets and a dominant market share of 36.03%, according to Defilama. However, Miniswap’s current TVL valuation is down 1.75% in the last 24 hours.