Decentralized finance (DeFi) activity is soaring on Cardano (ADA) as the Ethereum (ETH) competitor kicks off a red-hot start to 2023. The DeFi tracker DeFi Llama reports that Cardano has $65.97 million in total value locked (TVL) at time of writing, roughly a 36% increase from January 1st when Cardano’s TVL registered at $48.5 million. The post Cardano DeFi Activity Soars 36% As ADA Opens 2023 With Big Rallies appeared first on The Daily Hodl .
