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CryptoMedium•3 April 2026•

1 min read

Centrifuge TVL Hits $1.6 Billion Milestone as CFG Price Surges 12%

Key Facts

1Centrifuge (CFG) price surged 12% within a 24-hour period.

2The Total Value Locked (TVL) on the Centrifuge protocol reached $1.6 billion.

3Growth is attributed to expansion into the Base network and providing access to tokenized S&P 500.

Centrifuge (CFG) has achieved a significant milestone, with its Total Value Locked (TVL) reaching $1.6 billion, reinforcing its position in the DeFi sector. This growth coincides with a 12% surge in the price of its native token, CFG, over the past 24-hour period. The protocol's expansion into the Base Layer 2 network has been a primary driver of this recent momentum and liquidity influx. Furthermore, Centrifuge has gained substantial traction by providing investors with access to tokenized versions of the S&P 500 index. This development underscores the rising institutional demand for Real-World Asset (RWA) tokenization within the decentralized finance ecosystem. Market analysts view this as a bullish signal for the protocol's long-term integration with traditional financial markets and blockchain technology.

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