Cardano DeFi TVL Plunges 16% in 24 Hours Despite ADA 10% Price Rally

Despite Cardano’s impressive price performance yesterday, its DeFi sector suffered a sharp setback. According to DeFiLlama data, Cardano’s total value locked (TVL) plunged 16.17% over the past 24 hours, falling from $64.83 million to $54.35 million.

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