DEXes

Raydium, established on the Solana blockchain, functions as an automated market maker (AMM) and liquidity provider, playing a crucial role in the Solana ecosystem’s decentralized finance (DeFi) applications. Distinct from traditional exchanges, Raydium employs liquidity pools rather than an order book for asset trading, enabling swifter and more cost-effective transactions. The platform’s native token, RAY, […]

Introduction WingRiders, a leading Automated Market Maker (AMM) and Decentralized Exchange (DEX) on the Cardano (ADA) blockchain, has unveiled WingRiders Launchpad (WRLP). This platform is designed to transform how new projects are launched and nurtured within the Cardano ecosystem. WingRiders’ Vision for the Launchpad Five months ago, WingRiders introduced its Launchpad with a focus on […]

MuesliSwap, a decentralized exchange (DEX) built on the Cardano blockchain, has recently come under scrutiny due to concerns about high slippage losses faced by some of its users. In a bid to address these concerns and maintain trust within its community, the platform has announced plans to refund those affected. On 7th August, a day […]

Trust Wallet and MetaMask are two of the best non-custodial cryptocurrency wallets in the crypto industry. Both wallets support ERC-20 and BEP2 token standards, which are used on the Ethereum and BNB Chain networks respectively. Both also support non-fungible tokens, or NFTs. MetaMask and Trust Wallet are known for being easy to use thanks to […]

This article looks at $GMX — the governance and utility token of GMX, a popular decentralized exchange that runs on Arbitrum and Avalanche — and some notable names that have been accumulating it lately. Here is what Binance Academy says about this DEX as well as its utility and governance token: “GMX is a decentralized […]

Avalanche-based decentralized exchange (DEX) Trader Joe plans to deploy on Ethereum layer 2 (L2) scaling solution Arbitrum. According to Offchain Labs, the startup developing this popular Ethereum L2 scaling solution, Arbitrum is an “optimistic rollup” that offers the following the benefits: “Trustless security: security rooted in Ethereum, with any one party able to ensure correct Layer 2 […]

On Friday (October 14), SundaeSwap Labs, the startup behind the highly popular Cardano-powered decentralized exchange and automated liquidity provision protocol SundaeSwap, announced that they had reached an important milestone. SundaeSwap is backed by cFund (“an early-stage sector agnostic venture firm in the Blockchain industry anchored by IOHK and managed by Wave Financial”); Alameda Research (the quantitative cryptocurrency trading firm […]

On Wednesday (October 5), Cardano-powered decentralized exchange (DEX) MuesliSwap announced that it had launched Plutus v2 contracts, as well as liquidity pools, to become “the first DEX on Cardano with both Orderbook and AMM trading.” In a subsequent tweet, the MuesliSwap team noted that “yield farming with double and triple yield opportunities will launch in […]

This article provides an overview of Cardano DApp Minswap, which is “a multi-pool decentralized exchange on Cardano.” Minswap claims that it is “a community-centric decentralized exchange on Cardano” since “it has no venture capital funding or private investment, making their tokens fairly distributed, and ensuring it’s the community of users that are maximally rewarded, not speculators […]

On Tuesday (August 16), the developers behind Baby Doge Coin ($BABYDOGE), which is of the most popular meme-based crypto projects (with over 1.5 million followers on Twitter), announced that their swap protocol had gone live on the BNB Chain testnet. In case you are not already familiar with Baby Doge ($BABYDOGE), here is an introduction from its white paper: “Launched in […]

CZ, Co-Founder and CEO of the world’s largest centralized crypto exchange (CEX) by trading volume, recently shared his thoughts on decentralized finance (DeFi) and decentralized exchanges (DEXes). Speaking in an interview with the two co-hosts of the Bankless podcast, Binance chief Changpeng “CZ” Zhao predicted that DeFi and decentralized exchanges (DEXes) would be far superior […]

On Tuesday (June 29), the team behind Cardano-powered decentralized exchange (DEX) delivered some great news to its community of users. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company that builds modern full stack fintech solutions for startups, scale-ups and incumbent banks.” Vacuumlabs first got involved with Cardano in 2018 when its […]

On Thursday (June 2), Vanessa Harris, Group Product Manager at crypto lending and borrowing platform Celsius Network, said that when it comes to decentralized exchanges (DEXes), those powered by Cardano offer a 100x better user experience. Yesterday, Harris, who also has many years of product management at Microsoft and Google, and who was only speaking […]

Coinbase has announced that its non-custodial wallet now supports token swaps on two more blockchains. According to a blog post published on Monday (May 23) by former Googler Catherine Shyu Sullivan, who is a Senior Product Manager at Coinbase, Coinbase Wallet “brings the expansive world of DEX trading to your fingertips, where you can easily […]

On Friday (May 6), Vacuumlabs, the Slovakian FinTech startup behind Cardano-powered DEX WingRiders, explained why its direct hardware wallet support means that it is able to offer safer trading than most other DEXes on Cardano. What is WingRiders? WingRiders is being developed by Vacuumlabs, which is “a software development company that builds modern full stack fintech […]

On Thursday (May 5), crypto influencer Ran Neuner, who is the host of the YouTube show “Crypto Banter”, shocked the crypto community by claiming that “we don’t even have a working DEX on Cardano.” In a video (titled: “73% Of These Altcoins Will Go To Zero!”) released on his popular YouTube channel, Neuner looked at […]

This article provides an overview of the top three Cardano-powered decentralized exchanges (DEXes) by TVL (based on data from DeFi Llama), i.e. Minswap, WingRiders, and SundaeSwap. Crypto Hardware Manufacturer Ledger Improves Its Support for Cardano On Tuesday (April 26), Cardano founder Charles Hoskinson applauded French crypto hardware wallet manufacturer Ledger’s announcement about version 4.0.0 of […]

This article takes a look at Maladex, which according to its developers is an upcoming “research-driven” Cardano-powered decentralized exchange (DEX) that is aiming to be “a full-fledged trading platform… for crypto, indexes, synthetics, derivatives.” The information contained in this article comes from the Maladex website, the Malaxdex white paper, and conversation on Twitter between “ADA […]

Last Tuesday, the Cardano-powered decentralized exchange (DEX) that Charles Hoskinson, Co-Founder and CEO of IO Global (IOG) had been “really looking forward to” in the past few months, launched on the Cardano mainnet. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company that builds modern full stack fintech solutions for startups, scale-ups and […]

On Tuesday (April 12), WingRiders, the Cardano-powered dentralized exchange (DEX) that Charles Hoskinson, Co-Founder and CEO of IO Global (IOG) had been “really looking forward to” in the past few months, has launched on the Cardano mainnet. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company that builds modern full stack fintech solutions […]

On Thursday (March 24), Cardano-powered decentralized exchange (DEX) Minswap announced that it had patched the “critical vulnerability that would allow someone to drain all the Liquidity in the Smart Contract.” What is Minswap? According to its white paper, Minswap is “an automated market-maker (AMM) decentralized exchange (DEX) on Cardano which supports multiple pricing functions for a single liquidity […]

On Sunday (March 13), crypto educator and influencer Heidi Chakos (@blockchainchick on Twitter), who is the of the YouTube channel “Crypto Tips”, explained how crypto investors might get affected by today’s upcoming vote in the EU parliament on the latest draft of Markets in Crypto Assets (MiCA), which is a regulatory framework for digital assets. This is […]

The team behind Cardano-powered decentralized exchange (DEX) AdaSwap has just raised $2.6 million and apparently one of the project’s new backers is none other than Gil Gadot, the Israeli actress who is best known for playing the role of Wonder Woman in several movies by DC Films. What Is a Decentralized Exchange (DEX)? Here is […]

On Sunday (January 30), the team behind ADAX, “an automated liquidity protocol that facilitates trades within the Cardano ecosystem in a completely decentralized and non-custodial way”, announced that their DEX had gone live on the mainnet. On 17 November 2021, an “Ask Me Anything (AMA) event was held on the official ADAX reddit account, where […]

On Wednesday (January 26), Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for building Cardano ($ADA), said that he was “really looking forward” to an upcoming DEX from Slovakian FinTech startup Vacuumlabs. History of Vaccumlabs’ Previous Apps for Cardano Vacuumlabs is “a software development company that builds modern […]

On Tuesday (January 25), SundaeSwap Labs addressed some of the criticisms and suggestions for improvements from users of the highly popular DEX, and informed them of changes they could expect to see in the near future. What Is SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed […]

On Thursday (January 20), Charles Hoskinson, Co-Founder and CEO of Input Output Global (IOG), the blockchain technology responsible for Cardano’s R&D, celebrated the mainnet launch of SundaeSwap, which calls itself “the sweetest decentralized exchange on Cardano”. What Is SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed […]

This article covers the most important details that you should know about the upcoming mainnet launch of SundaeSwap, which calls itself “the sweetest decentralized exchange on Cardano”. What Is SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed by cFund (“an early-stage sector agnostic venture firm in the Blockchain […]

On Friday (January 7), SundaeSwap Labs, the team behind SundaeSwap, SundaeSwap, which calls itself “the sweetest decentralized exchange on Cardano”, told its community about “some of the expected operational constraints and limitations that the blockchain and the DEX will exhibit on opening day and through the first few weeks after launch.” What Is SundaeSwap ($SUNDAE)? […]

SundaeSwap, which calls itself “the sweetest decentralized exchange on Cardano”, has made an important security-related announcement. What Is SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed by cFund (“an early-stage sector agnostic venture firm in the Blockchain industry anchored by IOHK and managed by Wave Financial”); Alameda Research (the quantitative cryptocurrency […]

SundaeSwap, which calls itself “the sweetest decentralized exchange on Cardano”, has gone live on Cardano’s public testnet, which seems to have helped $ADA’s price surge 12% in the past 24-hour period. What I SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed by cFund (“an early-stage sector agnostic venture […]

This article takes a quick look at five of the most highly anticipated decentralized exchange (DEX) projects built on top of Cardano: SundaeSwap, ADAX Pro, Cardax, AdaSwap, and Danaswap. None of these projects have launched yet on the Cardano mainnnet, but are expected to do so in the near future. Before we start, it should be […]

Cardano-powered DeFi Ardana has announced a long-term partnership with high-throughput layer 1 blockchain Elrond ($EGLD), as the result of which Ardana “will build the bridge infrastructure required for asset transfer between Cardano and Elrond.” Ardana is “a decentralized stablecoin hub which will bring the necessary DeFi primitives needed to bootstrap & maintain any economy to Cardano”. […]

Recently, Orca ($ORCA), a decentralized exchange (DEX) built on the Solana blockchain, announced an $18 million Series A funding round led by some of the industry’s biggest investors.  According to a report by Decrypt, Orca recently closed on an $18 million Series A funding round led by Polychain, Placeholder and Three Arrows Capital. Jump Capital, […]