ErgoDEX: Cardano’s and Ergo’s Decentralized Exchange

Cryptocurrency News and Public Mining Pools

ErgoDEX: Cardano’s and Ergo’s Decentralized Exchange

ErgoDEX: Cardano's and Ergo's Decentralized Exchange

Hello everyone, here's an infographic someone from the /ergonauts sub created about ErgoDEX. A decentralized exchange that lives in the Ergo ecosystem. It's unique, since it's both an AMM and an orderbook. No other DEX has these two functions at the same time. AMM is great for low liquidity assets, and an orderbook is better for high liquidity assets. It's the best of both worlds in one Exchange.

The future of exchanges are DEXs, and here's one that promises a lot! It's also important to mention that this is the first DEX that Cardano will be part of as soon as smart contracts are out.

submitted by /u/SgtPeppers10
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