Who do you think will when the race for the best Cardano dex? Let me know in the comments below!
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What is a decentralized exchange? 1:05
Advantages of a DEX 2:20
Honorable mentions 8:25
The verdict of who will win! 8:40
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One of the most exciting things to look forward to in the upcoming Goguen era upgrade is the introduction and full integration of decentralized exchanges, or “DEX” for short.
Not only does it drastically expand the Cardano ecosystem and bring a degree of interoperability to the network but it also provides a huge boost in one area Cardano has been sorely lacking.
OccamX is a decentralized exchange being developed as part of OccamFi’s larger network.
Another player in the heating-up DEX wars is ErgoDex, an automated decentralized exchange protocol built on top of both the Cardano and Ergo blockchains, creating a bridge between the two ecosystems and sharing liquidity.
Now for an upcoming Cardano DEX that has already got some serious credentials and traction in development.
When it comes to real-world use cases, ADAX represents a clear sign of the shift that I believe is about to happen.
Ray Swap was one of the first projects announced on the Cardano blockchain and, like OccamFi, the Ray Network comes with a suite of offerings and DApps to enhance the ecosystem.
YaySwap is advertised as the first high-performance decentralized exchange platform on the Cardano blockchain.
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