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Cardano DeFi deposits hit 12-month low at $48.9M despite stable ADA holdings

Protocol Fundamentals
09 Nov 2026, 11:13 WIB
CryptoTicker
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Bearish
Cardano DeFi deposits hit 12-month low at $48.9M despite stable ADA holdings

Deposits in Cardano's decentralized finance (DeFi) applications dropped to $48.9 million on November 9, 2026, the lowest in a year, mainly due to ADA's price decline rather than user withdrawals. The amount of ADA locked in DeFi protocols remains steady at around 281 million coins, indicating users have not exited the network. Cardano's ADA price fell 32% over 30 days, impacting the total value locked (TVL) but not the number of coins deployed. With no new catalysts like an ETF or a fixed upgrade date, Cardano's DeFi activity remains subdued, though staking remains strong with 57.9% of ADA delegated.

Cardano's market cap stands at Rp115.78 trillion as of November 9, 2026, with a 24-hour trading volume of Rp3.89 trillion on Pluang. ADA trades at Rp3,169, down 2.52% in the last day, while 82% of its total supply is circulating. Despite the drop in DeFi deposits noted in the news, ADA remains actively traded with a typical hold time of 128 days and a buy order dominance of 74% on Pluang as of 16:21 WIB.

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