< all projects
This project has been archived

This project has been retrieved from our archive. There could be multiple reasons for us to archive projects. The project could have done a rugpull, or there is too little online activity for the project to still be listed. If you're the owner of this project. You can verify your project by contacting us.

This project is labelled as a scam!

We advise you to be cautious and 'do your own research' before interacting with this project. Scams 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.

The community raised some concerns regarding this project!

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

Cardax DEX allows liquidity providers and traders to participate in a financial marketplace that is accessible to all.

About

Cardax

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:

  • Support for any Cardano native token
  • Ability to join liquidity pools to collect fees on ADA- Cardano native tokens pairs
  • Liquidity-sensitive automated pricing using EAMM protocol
  • Ability to trade ADA for any Cardano Native Token
  • Ability to trade between Cardano Native Tokens through a single transaction
  • Ability to trade and transfer to a different address in a single transaction
  • Easy purchase of ADA or any Cardano Native Token from Yoroi wallet

Go to the project website

More Cardano

Exchanges (DEX)

Projects