Total Locked Value (TVL) in the Cardano ecosystem peaked on March 14 at $ 188.88 million, according to the Defai Lama. Defai Lama goes on to say that Cardano’s total locked value, including government-owned tokens, is significantly higher than $ 188 million, and in fact, TVL Cardano has now reached a new record $ 271 million. The Cardano network has seen a significant increase in total locked value as well as an increase in the number of decentralized products. It is worth mentioning that after launching the decentralized exchanges of Sandyswap and Minoswap, the total value of the locked Cardano network has increased by more than 15,000 percent from $ 1.7 million to $ 271 million.
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