Cardano’s TVL in DeFi rose from 447 million ADA on February 26 to 552 million ADA by March 10, a roughly 23% gain in under two weeks, according to stake pool operator Dave. In US dollar terms, DeFiLlama tracked the TVL rising from about $127 million to approximately $142 million over the same period, a roughly 12% increase. The gap between the ADA-denominated and dollar-denominated figures reflects ADA’s price movement during that period, which pushed up the native token count without a corresponding rise in dollar value.
Reports indicate roughly 105 million ADA moved into Cardano-based DeFi protocols during those 12 days. Cardano’s DeFi TVL has increased roughly 23.5% in just 12 days, rising from $447.13 million on February 26 to $552.35 million today. That period also saw roughly $105 million of additional value now locked in Cardano DeFi protocols. The stablecoin market cap on Cardano has reached around $48 million.
Cardano founder Charles Hoskinson has indicated cross-chain bridges—connections that would allow assets to move between Cardano and networks like Bitcoin and XRP—will pick up pace this year. Cross-chain bridges are listed as one of five core priorities in Cardano’s 2026 roadmap, which Hoskinson has described as a make-or-break period for the project’s DeFi ambitions. Ethereum’s DeFi ecosystem holds tens of billions of dollars in locked assets, and Solana’s figure runs well ahead of Cardano’s current $142 million. The current momentum hinges on governance-approved spending, new stablecoin integrations, and plans to open the chain to outside liquidity, with success depending on the speed of cross-chain connections and the capital they attract.
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