Crypto
Cardano DEX volume quadruples as DexHunter rejects \'Cardano is dead\' claim
DexHunter, a Cardano-based DEX aggregator, pushed back against growing claims that Cardano is dead, saying on-chain activity remains strong despite ADA\'s price slump. It said daily Cardano DEX volume surged from about 6 million ADA to 25 million ADA over four days, driven by tokens such as NIGHT, STRIKE and SNEK and the stablecoin USDCx. Still, volume later fell and Cardano\'s DeFi TVL declined.
