Cardax is a decentralized exchange that will be powered by the Extended Automated Market Maker (EAMM) protocol. It aims to provide liquidity to projects that issue native tokens on Cardano. Following the activation of the Mary hard fork on Cardano’s main net, which brought native tokens and multi-asset support to Cardano, there is an increased need to develop a native exchange. Additionally, with the upcoming rollout of the Goguen era, smart contracts will enable the development of decentralized applications on Cardano.
In Cardax anyone can become a liquidity provider and start earning CDX tokens.
Cardax DEX allows liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.