Cardano Ecosystem
0.30%
−0.00%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
16 ADA 16Cardano | $0.2176 | 2.10% | 8.50% | 14.42% | $7.99 B | $9.81 B | $202.99 M | |||
94 NIGHT 94Midnight | $0.02225 | 3.85% | 15.61% | 19.18% | $369.51 M | $533.52 M | $4.18 M | |||
722 ERG 722Ergo | $0.2603 | 0.08% | 2.10% | 16.27% | $21.71 M | $25.33 M | $141,547.00 | |||
1087 STRIKE 1087Strike | $0.5786 | 3.21% | 7.91% | 44.65% | $10.41 M | $5.79 B | $20,579.00 | |||
1100 IAG 1100Iagon | $0.021 | −0.75% | −4.57% | −4.00% | $10.24 M | $20.98 M | $143,921.35 | |||
1334 USDA 1334Anzens USDA | $1.00 | 3.19% | 0.75% | −0.20% | $6.78 M | $6.78 M | $323,475.00 | |||
1910 STUFF 1910STUFF.io | $0.0008 | 6.93% | 9.14% | 62.83% | $2.67 M | $8.00 M | $7,411.17 | |||
1926 NVL 1926Nuvola Digital | $0.1541 | −1.24% | 7.55% | −12.64% | $2.62 M | $3.24 M | $84.34 | |||
2291 INDY 2291Indigo Protocol | $0.1033 | 1.18% | 5.88% | 5.38% | $1.66 M | $3.62 M | $61.62 | |||
2300 SURF 2300Surf Lending | $0.08206 | 5.09% | −9.17% | −55.15% | $1.64 M | $2.05 M | $34,364.00 | |||
2844 SURGE 2844Surge | $0.03373 | −10.35% | −11.45% | 11.89% | $843,250.00 | $843,250.00 | $15,354.61 | |||
3458 WRT 3458WingRiders | $0.004574 | −0.78% | 6.05% | 9.53% | $439,165.44 | $457,400.00 | $13.04 | |||
3555 TITAN 3555TITAN | $0.01511 | −0.78% | 10.58% | −17.78% | $398,904.00 | $604,400.00 | $303.05 | |||
3568 XER 3568Xerberus | $0.001319 | −0.41% | −2.72% | −10.34% | $393,179.24 | $1.32 M | $341.35 | |||
3967 BODEGA 3967Bodega | $0.01327 | −4.54% | 4.62% | −8.48% | $272,035.00 | $331,750.00 | $1,507.08 | |||
5058 BONDLY 5058Forj | $0.0001221 | −0.17% | −2.26% | 12.05% | $120,100.09 | $120,100.09 | $47.75 | |||
5097 CLND 5097Colend | $0.0279 | 1.57% | −10.58% | −17.16% | $116,491.89 | $2.79 M | $28.47 | |||
5145 C3 5145Charli3 | $0.003169 | 0.92% | 11.15% | 63.39% | $113,052.11 | $316,900.00 | $97.10 | |||
5254 ADAPAD 5254ADAPad | $0.0008839 | 6.98% | 10.00% | −11.50% | $103,984.09 | $103,984.09 | $55.83 | |||
5560 OCC 5560OccamFi | $0.0009887 | 5.64% | 5.68% | 29.72% | $83,976.93 | $98,375.65 | $177.94 | |||
7082 SUGAR 7082SUGAR BUSH | $0.00003025 | 4.02% | 41.13% | 142.10% | $28,886.33 | $28,886.33 | $21.79 | |||
8124 METERA 8124METERA | $0.00002855 | 7.64% | 7.64% | 5.24% | $14,334.53 | $28,550.00 | $13.53 | |||
10434 GERO 10434GeroWallet | $0.0006147 | −4.38% | 9.46% | 37.67% | -- | $307,350.00 | $96.74 | |||
10689 MOT 10689Mobius Finance | $0.00003254 | −15.18% | 32.68% | 32.57% | -- | $387.84 | $16.86 | |||
10703 YCT 10703Youclout | $0.00014394 | 1.55% | −1.67% | −9.09% | -- | $145,700.00 | $106.83 | |||
11099 SUNDAE 11099SundaeSwap | $0.0009844 | 2.15% | 12.40% | 25.91% | -- | $1.97 M | $9.02 | |||
11238 XRAY 11238Ray Network | $0.000639 | 2.55% | 2.04% | 13.99% | -- | $207,625.31 | $13.67 | |||
11705 FLDT 11705FluidTokens | $0.04795 | 1.35% | 13.97% | 9.83% | -- | $4.80 M | $3,764.53 |
Frequently Asked Questions
What is the Cardano ecosystem and its projects?
The Cardano ecosystem is the network of projects, tokens, and applications built on or connected to the Cardano blockchain — a proof-of-stake Layer 1 founded by Charles Hoskinson. The ecosystem covers DeFi, oracles, stablecoins, storage, and Cardano-adjacent partner chains. Tracking the Cardano ecosystem matters because ADA holders gauge network health through the depth and diversity of projects building on it. DropsTab tracks 25+ Cardano ecosystem projects, spanning native DeFi protocols and adjacent chains like Midnight and Ergo, filterable in one category view.
What are the top DeFi projects on Cardano?
The top Cardano DeFi projects span DEXs, lending, synthetics, and oracles. SundaeSwap (SUNDAE) and WingRiders (WRT) are the DropsTab-listed native decentralized exchanges (DEXs). Indigo Protocol (INDY) leads synthetics, Charli3 (C3) provides oracle data, and Flow Lending (FLOW) and Colend (CLND) form the lending layer. Cardano DeFi is structurally concentrated — a handful of DEXs drive most on-chain volume, with Minswap capturing the largest share of chain TVL as market context. DropsTab's category scanner filters these projects by function and structural metrics.
How is Cardano DeFi TVL measured and why does concentration matter?
Cardano DeFi TVL measures the total value locked across the chain's lending pools, DEX liquidity, and synthetic protocols. TVL concentration matters because it signals where liquidity and counterparty risk sit. Cardano DeFi is highly concentrated — a single DEX, Minswap, holds roughly a quarter of the chain's total TVL and over 70% of daily DEX volume, while most other volume flows through SundaeSwap and WingRiders. This concentration means Cardano DeFi liquidity depends on a small set of venues rather than broad distribution.
What is Midnight and why does it matter for Cardano in 2026?
Midnight is a data-protection privacy sidechain in the Cardano ecosystem, developed by Shielded Technologies, an IOG-affiliated company. Midnight uses zero-knowledge (ZK) proofs to build regulation-friendly applications that protect sensitive data, and the NIGHT token pays for network operations. Midnight is a Cardano-linked partner chain, not a native on-Cardano protocol. Midnight matters for Cardano because Midnight extends Cardano's reach into privacy-preserving applications without adding an on-ledger privacy layer to Cardano itself. Midnight mainnet genesis was produced on March 30, 2026, in a federated "guarded era."
How does the Midnight Glacier Drop distribute the NIGHT token?
The Midnight Glacier Drop allocates 100% of NIGHT supply — approximately 24 billion NIGHT — for claiming across eligible wallets. Eligibility spanned roughly 34 million wallet addresses across 8 blockchain ecosystems. Cardano is the single largest-weighted ecosystem at 50% of the allocation — 12 billion NIGHT reserved for ADA holders. The Glacier Drop claim window ran 60 days, opening on August 5, 2025 and closing on October 4, 2025. The ADA-weighted 50% allocation directly rewards ADA holders, tightening the economic link between Cardano and Midnight.
Who runs Midnight's network at launch?
Midnight launched with nine named node operators: Google Cloud, Pairpoint by Vodafone, MoneyGram, eToro, Worldpay, Bullish, AlphaTON Capital, Blockdaemon, and Shielded Technologies. This federated operator set defines Midnight's "guarded era" — a controlled model that precedes progressive decentralization. The named enterprise operators matter because they signal institutional infrastructure commitment to a Cardano-linked chain from its genesis block onward.
How many projects are in the Cardano ecosystem on DropsTab?
DropsTab tracks 25+ Cardano ecosystem projects across DeFi, oracles, stablecoins, storage, and Cardano-adjacent chains. The category anchors on Cardano (ADA) as the base layer, with Midnight (NIGHT) and Ergo (ERG) as adjacent chains. Cardano's ecosystem is small relative to major EVM chains, which concentrates activity in fewer flagship protocols. The exact project count shifts as listings change daily, so the durable figure is dozens rather than a fixed number. DropsTab's category view lists every tracked Cardano project with filters for function and market structure.
How can investors track Cardano ecosystem projects by market structure on DropsTab?
Investors track Cardano ecosystem projects on DropsTab through the category scanner, which lists all 25+ tracked projects with filters. The scanner sorts native DeFi protocols — SundaeSwap (SUNDAE), Indigo Protocol (INDY), Iagon (IAG), Charli3 (C3) — alongside adjacent chains. Vesting schedules and unlock calendars flag upcoming NIGHT and ADA-ecosystem token supply events. Fundraising profiles surface backer quality per project. Drops Bot alerts notify holders of unlock events and listing changes across the Cardano category in real time.