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ADAX

ADAX ADAXPrice N/A

ADAX Price

N/A

General Info

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# Inactive

Funds and Backers

Description

ADAX is a state of the art decentralized exchange protocol, built on Cardano ecosystem

ADAX (ADAX) Chart

ADAX price Index provides the latest ADAX price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 12.08M

Max Supply

ADAX 100,000,000

Total Supply

ADAX 100,000,000

All Time High

$ 0.230

2 Apr 2022


All Time Low

$ 0.000471

18 Jun 2024

Trending ADAX Fiat Pairs

What is ADAX (ADAX)?

ADAX is an automated liquidity protocol that facilitates trades within the Cardano ecosystem in a completely decentralized and non-custodial way. ADAX has no order book -- is eliminates all intermediaries, complexity, and cumbersome procedures from the equation, offering users untrammeled freedom to trade without censorship or loss of control over their assets. Users can maintain full control of their tokens and are not required to give up their private keys so that their orders can be logged as they are on a centralized exchange.

Users can convert ERC-20 tokens to Cardano-compatible tokens and vice versa via the cross-chain bridge. This component allows trading in AMM and simplifies the exchange of tokens and streamlines the process of moving assets between blockchains.

The Automatic Market Maker (AMM) model is similar to the Uniswap model. The aim of ADAX is to become a Uniswap on the Cardano network, providing the most reliable Decentralized Exchange (DEX) protocol as well as a user-friendly and intuitive user interface. Another fundamental component is the liquidity pools of the platform, where users provide liquidity for the pools that are used for decentralized trading, and as a result, participants are rewarded for contributing to the platform.

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