How AdaSwap plans to raise the bar for Cardano DEXs

Screenshot 2022 04 14 131357 FIDLbZ

Dubbed the “next-gen DEX,” AdaSwap has high hopes of making a significant impact on the growing Cardano DeFi market.
DeFi Llama currently shows ten DeFi projects listed for Cardano, of which four are inactive. A notable new entry is WingRiders, which Input Output CEO Charles Hoskinson called:
“one of the most exciting new DEXes to launch.”
Source: defillama.com
With competing protocols trickling into the market, and a flood expected by Q3, when AdaSwap plans to launch, the project has its work cut out to catch up.
But what separates AdaSwap from the competition?
AdaSwap is a multifaceted DEX
AdaSwap bills itself as a cheaper and fairer Automatic Market Maker (AMM) than its competitors. It aims to build a micro-ecosystem that will draw the world into the Cardano blockchain.
Ultimately, the team’s mission is to onboard the next wave of DeFi users through a range of use cases including the provision of liquidity pools, farming, swapping, a new token launchpad, and an NFT marketp

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