Cardano's on-chain DEX volume is heating up
On-chain DEX volume for Cardano rose to $90.0M over the past 30 days, up 37.5% from the previous period.
Trading activity for derivatives and perps is even more impressive, at $131.5M, showing increased demand among ecosystem members.
$ADA is trading at $0.173, up 5% from the past month but still 9% lower than last week and 81% lower than the same period last year.
In contrast, total value locked continues to decline and fell to $70.2M after reaching a 13-month high of $437.2M in August 2025, an 84% decrease from the high.