Cardano attracts $50 million inflow into DeFi within 24 hours amid price dip CardanoADA ADA CardanoCommunity
. Presently, there are currently 10 dApps contributing to the total value locked on Cardano. MuesliSwap became the first decentralized exchange to launch on mainnet in late December. Sundaeswap launched in January, while MinSwap made its debut in March.
In recent updates by IOHK, nearly 900 projects are currently building on Cardano, with DEXes constituting nearly 4%.ADA price tested lows of $0.91 on April 11 before it rebounded. At the time of publication, ADA was up 1.35% for the day at $0.968. At its present price, ADA remains down 68.97% from its all-time highs of $3.10 attained in September 2021. Despite the price drop, Cardano whales seem to continue accumulating.
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