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 — we eliminate all intermediaries, complexity, and cumbersome procedures from the equation, offering users untrammeled freedom to trade without censorship or loss of control over their assets.

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Interest lvl

Medium

Updated: Jun 16, 2021

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Ticker

ADAX

Ecosystems

Cardano

What is 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 -- we eliminate 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. In this way, decentralization is not just about user privacy but also about eliminating the risk of asset loss in an improbable event of exchange security being compromised.

We believe that the ability to adapt to changes in the fast-moving world of crypto is essential. That is why ADAX has expedited its development to coincide with the release of new Cardano functionalities. As soon as Cardano smart contracts launch in 2021 Q3, ADAX will be there facilitating token swaps, staking, ensuring market liquidity, and enabling users to make full use of the network’s capabilities. Our unique protocol is designed to be light and fast, providing a decentralized pricing mechanism that smooths out order book depth. ADAX boasts a team with a track record of success in various crypto ventures. By bringing in a wealth of experience, know-how, and best industry practices -- ADAX will amplify the benefits to users within the Cardano network.