Huge step for Cardano. They absolutely needed to show some progress on the dapps side, and showcasing a DEX helps to that end.
Say hello to MuesliSwap, which went live on the 2nd of January and now has $845k total value locked. That’s 100% of ADA’s total DeFI TVL.
Cardano is slightly behind ETH for TVL, which currently stands at $159.5 billion. 