Cardano AMM


  • Spectrum

    Combining both CLMM and order book styles into a DEX that operates across both the Ergo and Cardano blockchains.

    Spectrum, Cardano DeFi.

    A progressive DEX for the Cardano Ecosystem, merging next-generation DEX capabilities with NFTfi.

    CSWAP DEX, Cardano DeFi.
  • SweetDAO

    A community owned decentralized exchange supported by protocol owned liquidity.

    SweetDAO, Cardano DeFi.
  • Cardance Swap

    Swap, earn, stack yields, lend, borrow, leverage all on one decentralized, community driven platform.

    Cardance Swap, Cardano DeFi.
    Cardance Swap

    A suite of DeFi protocols featuring a sidechain DEX, an Ethereum based Launchpad, and an accelerator., Cardano DeFi.
  • OccamX

    An Automated Market Maker, AMM, DEX running on the Milkomeda sidechain.

    OccamX, Cardano DeFi.
  • MilkySwap

    A DEX on the EVM compatible Milkomeda sidechain. Enabling users to trade their ADA for tokens from the Ethereum blockchain.

    MilkySwap, Cardano DeFi.
  • Bashoswap

    Multi Protocol Decentralised Exchange on Cardano.

    Bashoswap, Cardano DeFi.
  • DOEX

    AMM-based decentralized exchange for assets that are native to the Cardano Blockchain.

    DOEX, Cardano DeFi.
  • WingRiders

    An AMM based DEX on Cardano.

    WingRiders, Cardano DeFi.
  • MuesliSwap

    A decentralized order book style DEX supporting limit orders, swaps, and token staking. MuseliSwap is live on Cardano and the Milkomeda C1 sidechain.

    MuesliSwap, Cardano DeFi.
  • AdaSwap

    A AMM based DEX also featuring a launchpad, an NFT marketplace, and “stake and forget” liquidity pools featuring unique rewards.

    AdaSwap, Cardano DeFi.
  • Genius Yield

    A non-custodial, CLMM DEX and smart liquidity manager that can optimize yields across multiple exchanges.

    Genius Yield, Cardano DeFi.
    Genius Yield
  • SundaeSwap

    Decentralized exchange and automated liquidity provision protocol built on the Cardano blockchain.

    SundaeSwap, Cardano DeFi.
  • Minswap

    An AMM DEX featuring multiple, algorithmically different, liquidity pools for the same token pairs.

    Minswap, Cardano DeFi.
  • VyFi (Vy Finance)

    Multiple investment avenues in one platform. Offering an investment managing AI “neural net” for beginners, and total investment control for advanced users.

    VyFi (Vy Finance), Cardano DeFi.
    VyFi (Vy Finance)
  • ADAX

    An AMM based DEX, featuring an ERC20 converter, where all swap fees are split between the taker and the maker of the trade. Also featuring a CEX.

    ADAX, Cardano DeFi.
  • Cardax

    An Automated Market Maker, AMM, style DEX on the EVM-based sidechain Milkomeda.

    Cardax, Cardano DeFi.

AMM stands for Automated Market Maker. This is an algorithm, often supplemented by oracles, that facilitates the pricing and exchange of assets between users. Assets are exchanged at market value through liquidity pools. These pools are created by Liquidity providers, LPs, who deposit assets to the exchange in pairs. This “asset pair” then allows users to swap one asset for the other through the liquidity pool. Fees are paid to the LPs who provided the liquidity. The more liquidity a pair has the less “slippage” a user experiences, meaning the less likely the user is to experience a price change in their trade.