Cardano's DEX volume is on the rise, with Minswap leading the charge due to a surge in meme coin trading
increase led by a strong influx in meme coin trading, according to data from DeFi analytics platform DefiLlama.When it comes to total value locked , Cardano is currently in 16th place overall. , leading the surge, has experienced a week-over-week increase of 12.28%, while its one-month change stands at an impressive 28.05%, with a TVL of approximately $64.95 million.
Other Cardano DeFi protocols, including Indigo and WingRiders, have also shown growth, albeit at a slower pace, with TVLs of $33.99 million and $14.97 million, respectively. The growth in TVL indicates increased interest and trust in these DEXes.
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