# ADa entering the Defi market

**URL:** <https://forum.cardano.org/t/ada-entering-the-defi-market/47209>\
**Category:** General Discussions\
**Created:** [10 February 2021 14:42 UTC](https://forum.cardano.org/t/ada-entering-the-defi-market/47209 "2021-02-10T14:42:21Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![willy](https://avatars.discourse-cdn.com/v4/letter/w/c2a13f/32.png) [@willy](https://forum.cardano.org/u/willy)\
**Post date:** [10 February 2021 14:42 UTC](https://forum.cardano.org/t/ada-entering-the-defi-market/47209/1 "2021-02-10T14:42:21Z")

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Hello, is it true that Cardano is going to be entering the defi space? This would be awesome being that gas prices are killing the defi space being built on eth blockchain.

willy

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**Author:** ![Zyroxa](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/zyroxa/32/17790_2.png) [@Zyroxa](https://forum.cardano.org/u/Zyroxa)\
**Post date:** [10 February 2021 14:45 UTC](https://forum.cardano.org/t/ada-entering-the-defi-market/47209/2 "2021-02-10T14:45:39Z")

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Yes thats correct.

[Liqwid Finance](https://mobile.twitter.com/liqwidfinance) will be the first DeFi project running on Cardano.

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**Author:** ![willy](https://avatars.discourse-cdn.com/v4/letter/w/c2a13f/32.png) [@willy](https://forum.cardano.org/u/willy)\
**Post date:** [10 February 2021 20:33 UTC](https://forum.cardano.org/t/ada-entering-the-defi-market/47209/3 "2021-02-10T20:33:29Z")

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AWESOME!!!@