After completing an under-the-radar offering, the first useable DeFi application on the Cardano ecosystem has debuted. MuesliSwap, the network's first DeFi platform, now has a total value of over $1 million locked in. MuesliSwap was founded earlier this year, according to statistics from tracking website DeFiLlama, and swiftly had its total value locked soar over $1.2 million as the Cryptocurrency's users grew increasingly interested in it.