DeFi· ★★· bullish·

Cardano DEX Volume Jumps 112% to $37.14M as On-Chain Activity and Stablecoin Liquidity Grow

  • —Weekly Cardano DEX volume hit $37.14 million, up 112%
  • —October 1 peak: $11.74 million in DEX volume and 43,181 transactions
  • —SundaeSwap processed $23.51 million, Minswap followed with $6.59 million
  • —Stablecoin market cap climbed 24% to $67.03 million
Why it matters: Rising trading activity and stablecoin liquidity signal a broader revival of Cardano's DeFi ecosystem, potentially supporting ADA demand.
Source: The Crypto Basic