Cardax Vs. SundaeSwap: Which Is The Ultimate Cardano DEX?
SundaeSwap launched not too long ago and while the project had its unique problems taking off the ground, it had since stabilized. However, it is still not the most ideal decentralized exchange (DEX) on the Cardano network as it is continuously plagued by congestion issues. This is where Cardax enters the picture, bringing a hitch-free […]
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Cardax, a Decentralized Exchange (DEX), will be amongst the first to spearhead Cardano’s entry into a new era. Cardax is powered by the Extended Automated Market Maker (EAMM) protocol and works closely with major partners such as MLabs and Well-Typed to make sure the DEX will be running smoothly once launched later this year. Cardax […]
PRESS RELEASE. SundaeSwap (SUNDAE) has been added to the list of tradable assets supported by leading cryptocurrency exchange Bitrue. This development comes at a time when the launch of SundaeSwap on Cardano (ADA) was met with many technical issues such as congestion which still continue even now. Still, Cardano developers have stated that fixes are being made and regular operations shall continue as soon as possible. SundaeSwap may best be understood as a decentralized trading protocol, token-staking platform and DEX powered by the Cardano network that has grown in popularity since its....
The first DEX on Cardano launched on the mainnet today to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing. Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions.Is it just a case of expected teething troubles under an influx of excited users or is there more to it?SundaeSwap is a decentralized exchange (DEX) and token staking platform. It’s mainnet launch today marks a milestone in the Cardano (ADA) ecosystem by being the....
"This has been a huge disappointment. I've tried 20 times minimum to swap ADA for Sundae and nothing has gone through," says a disgruntled SundaeSwap user. According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind to go live on Cardano. At the same time, the total value locked for the ADA blockchain reached a record of approximately $80 million, despite the recent fall in the token's price from the ongoing down market.The....
Cardano and its ecosystem have been implementing major improvements since Q4, 2020, and across 2021. Its users, stake pool delegators, and the company behind its development Input-Output Global (IOG), under the leadership of Charles Hoskinson, have been particularly focused on expanding Cardano’s smart contract capabilities. Thus, the successful implementation of three Hard Fork Combinator (HFC) events, dubbed “Allegra”, “Mary”, and “Alonzo” have opened an endless field of possibilities for Cardano. Cardax, a decentralized exchange and automated market maker (AMM), built for this network....