These Cardano DeFi projects' user base multiplies amid run from CEXes cardano cardanofeed cardanocommunity cardanoada defi cardanodefi $ada
, the number of unique active wallets interacting with the platform grew by 22% to 16,791. Volume on Minswap grew at a similar rate, amounting to 101.67 million ADA, or $78.5 million. At the same time, the number of transactions passing through the decentralized exchange increased even more, by 30.3%. Thus, the above-mentioned volume turnover on Minswap is about 415,000 transactions.
Another Cardano-based project experiencing a DeFi renaissance is SundaeSwap. According to the same source, this DEX is inferior to its competitor, but is is still experiencing double-digit growth rates. The UAW on the platform is 7,360, and there is a turnover of 12 millionequivalent to $9.5 million in 65,350 transactions. Each of these figures has also grown by an average of 20% over the past 30 days.
Given the scale of the collapse just a week ago, the ripples from it will probably continue for a long time, which means the
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