ADAX

ADAX, recognized by the ticker ADAX, is a decentralized exchange (DEX) built on the Cardano ecosystem. It is designed to push the boundaries of Automated Market-Making (AMM) and bring about seamless crypto transactions. ADAX aims to redefine the user experience of crypto trading by providing an unrivaled ecosystem that is both user-friendly and transparent. Unlike traditional exchanges, there is no order book. Users trade against a liquidity pool that is filled by other users, with the trade priced according to a constant equation. The native currency, ADAX, is used for transactions within this ecosystem with a clear focus on eradicating the common problems found in first-generation decentralized exchanges, such as high fees, low liquidity, and lack of integration with other blockchains.