Cardano Gains Momentum as DeFi TVL Hits Record and IOG Advances Scaling Tech

Cardano's DeFi ecosystem total value locked (TVL) reached $65.33 million as of September 7, 2026. The market capitalization of stablecoins within the network recorded $64.53 million during the same period. Input Output Global (IOG) reported performance benchmarks on node 11.1.0 and formalizations in the Hydra scaling protocol.