Total Value Locked (TVL), one of the metrics used to know the robustness of a blockchain in the decentralized finance (DeFi) sector, has recently been put at the forefront to compare Coinbase’s newcomer second-layer blockchain Base, and Cardano, a veteran in the crypto scene.
For perspective, Cardano has been part of the blockchain ecosystem since 2017. It has had years to establish its foothold, earn its reputation, and attract investments. While Base, on the other hand, which is barely a month old, is now reportedly surpassing Cardano’s TVL by a notable margin.
Base Vs. Cardano: By The Numbers
On September 4th, Parul Gujral, a decentralized finance (DeFi) enthusiast, shed light on the matter. Gujral noticed that Base’s TVL is already three times that of Cardano’s. Gujral presented a screenshot supporting this claim, highlighting the TVL of both platforms.
Base is already three times bigger than Cardano, but the difference is Cardano has been here since 2017, while Base is onl
We współpracy z: https://bitcoinist.com/coinbase-month-old-base-surpasses-cardano-tvl/
