Matrixswap Explores Partnership with Cardano DEX, ADAX

Matrixswap is excited to announce that the team is currently exploring its next strategic partnership with one of the first DEX’s on the Cardano Network, ADAX.

Described by many as the “Uniswap” of the Cardano blockchain, ADAX brings a refreshing take on the traditional decentralized exchange (DEX). It operates without an order book and offers its users the ability to trade without censorship or loss of control over their assets.

This potential partnership allows both communities to interact with each other as well as further the growth of decentralized finance (DeFi) in the Cardano ecosystem.

Furthermore, the ADAX automated market maker (AMM) integration will provide liquidity access for the Matrixswap Router and supports our mission to bring perpetual swaps to the masses.

We, at Matrixswap, couldn’t be more excited to partner with more DeFi projects on Cardano but also across other blockchains such as Polkadot and Polygon. The future for DeFi isn’t just relegated to just one blockchain but several.

There is strength in the number of premium partnerships we continue to build, which gets amplified when done strategically across blockchains. Entry points into DeFi and the greater Web3 ecosystem will be present cross-chain, and Matrixswap will help facilitate the experience over the long term.

About ADAX

ADAX is an automated liquidity protocol that facilitates trades within the Cardano ecosystem completely decentralized and non-custodial. The platform is built to lower the cost of transactions and shorten the network transaction, hence designed without order books. The elimination of intermediaries, complexities, and cumbersome processes from the equation will provide users with unhindered freedom to trade without censorship or loss of control of their assets. The decentralization is meant to liberalize financial transactions, allow more users to access cryptocurrencies, and take control of their cryptocurrency data/assets without involving a third party. ADAX aims to offer more transparent, secure, and faster transactions.

About Matrixswap

Matrixswap is a fully decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot, Cardano, and Polygon blockchains. Unlike traditional AMMs, users can long or short any assets’ perpetual contracts with up to 25x leverage. Matrixswap aims to be a fully community-owned and governed Defi protocol.

Use The Matrixswap DEX Aggregator on Polygon

Matrixswap’s DEX Aggregator on Polygon Network is now LIVE to help users find the best swap prices. With over $1.2bn in aggregated liquidity, users can trade tokens on Polygon with confidence. This DEX Aggregator also includes unique trading functions — multi-token buys and sells, Emergency Nuke Button, and interesting UI/UX details.

Try it here —

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Matrix Labs

Matrix Labs

Redefining What’s Possible in Decentralized Finance