The Matrixswap team is proud to announce our strategic partnership with ErgoDEX, a decentralized non-custodial exchange that securely transfers liquidity between the Ergo and Cardano networks.
ErgoDEX is notably one of the first exchanges on Cardano to combine contracts from AMM (Automated Market Maker) DEXs with order contracts from order book DEXs. This feature of shared liquidity across exchanges on both Ergo and Cardano is made possible by their eUTXO ledger model.
As part of the partnership, Matrxiswap and ErgoDEX will align our missions so that we could together grow the DeFi ecosystem on Cardano. Specifically, ErgoDEX will provide even more liquidity for our beloved DEX aggregator.
Supporting A Cross-Chain Future
It is no secret that we believe that the future is cross-chain, especially since we’re building our perpetual swaps trading platform on Polygon, Cardano, Polkadot, and now Binance Smart Chain. Being able to form a partnership with another platform and team with the same values is something we hold important to us as it opens the door to even more opportunities. We’re really excited to see what’s in store for ErgoDEX.
ErgoDEX is a non-custodial, decentralized exchange built on top of Ergo and Cardano. The eUTxO model shared by these blockchains enables the unique possibility of sharing liquidity among different types of exchanges on top of both the Ergo and Cardano ecosystems.
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 & BSC
Matrixswap’s DEX Aggregator is now LIVE on two different chains — Polygon & BSC (Binance Smart Chain). Trade all of your favorite assets within these two chains and enjoy the unique features Matrixswap has to offer.
Use it here — https://router.matrixswap.io/