![](https://kidit.xyz/wp-content/uploads/2023/12/Cardanos-ADA-Jumps-17-as-Value-Locked-on-Cardano-DeFi.jpg)
The total value locked (TVL) of all Cardano-based projects jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April. Most growth seemingly occurred over the past week, with lending protocol Indigo and on-chain exchange Minswap seeing their TVL surge by over 50% to nearly $100 million each.