Charles Hoskinson, Cardano’s founder, has publicly criticized its user base for failing to utilize the platform’s decentralized finance (DeFi) products, claiming that a more robust ecosystem could lead to significantly higher TVL. During a recent podcast appearance, Hoskinson explained that if ADA users had embraced their native DeFi platforms, Cardano’s total value locked (TVL) would have been at least $5-10 billion, compared to the current meager $262 million, which ranks it 24th on DeFiLlama. Hoskinson believes this lack of adoption stems from several contributing factors like technical hurdles, security concerns, user experience issues, and low yield rates. He urges the community to address these challenges head-on as a first step toward boosting Cardano’s DeFi activity.