Cardano DeFi Ecosystem Surges to New Highs as TVL Tops $440 Million
• Total value locked (TVL) in Cardano DeFi ecosystem recently surged to over $440 million, crossing previous peak of $330 million in April • Lending protocol Indigo and exchange Minswap saw 50%+ TVL growth to nearly $100 million each • Djed stablecoin supply increased 45% as investors capitalized on yields • Smaller protocols like LendFi and Spectrum also saw rapid 90% TVL growth • ADA token price surged 17% in 24 hours, extending 80% monthly gains amid rising network activity