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This project has been archived by Cardano Cube. A project will be archived when the direct link to their website or social media accounts are broken or if there is too little online activity from the project to still be listed. If you're the owner of this project. You can re-verify your project by contacting us.
We advise you to be cautious and 'do your own research' before interacting with this project. Flagged projects are labelled based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
We advise you to 'do your own research' before interacting with this project. This notification is shown based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
Cardax DEX allows liquidity providers and traders to participate in a financial marketplace that is accessible to all.
Cardax is a decentralized exchange that will be powered by the Extended Automated Market Maker (EAMM) protocol. It aims to provide liquidity to projects that issue native tokens on Cardano. Following the activation of the Mary hard fork on Cardano’s main net, which brought native tokens and multi-asset support to Cardano, there is an increased need to develop a native exchange. Additionally, with the upcoming rollout of the Goguen era, smart contracts will enable the development of decentralized applications on Cardano.
These are huge leaps forward that will open up exciting use cases of Cardano at the enterprise level. Having a native Cardano exchange will address some trading challenges and gaps within the ecosystem. Some features and capabilities that Cardax will bring to the Cardano network include:
