{"id":20441,"date":"2022-03-09T10:35:53","date_gmt":"2022-03-09T09:35:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=20441"},"modified":"2022-03-09T10:39:02","modified_gmt":"2022-03-09T09:39:02","slug":"minswap-dex-goes-live-on-the-cardano-mainnet","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/minswap-dex-goes-live-on-the-cardano-mainnet\/","title":{"rendered":"Minswap DEX goes live on the Cardano Mainnet"},"content":{"rendered":"\n
Users of Minswap can now deposit cash in exchange for rewards and swap tokens in a decentralized manner as the DEX launches on the Cardano mainnet<\/a>.<\/h5>\n\n\n\n
\"Minswap<\/figure><\/div>\n\n\n\n

Minswap, a multi-pool decentralized exchange\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, had its Cardano mainnet debut earlier today.<\/p>\n\n\n\n

Minswap completed its audit in partnership with Tweag, a concept-to-launch software innovation lab, Prior to the availability of smart contract capability, Minswap became live on the Cardano testnet in September. <\/p>\n\n\n\n

However, because of a “concurrency” flaw that prevents token swaps<\/a> from taking place, its launch was marred by criticism. Minswap stated it was working to resolve the issue after receiving reaction and mockery from Cardano opponents.<\/p>\n\n\n\n

Minswap presently has $48.87 million in total value locked, according to statistics provided by cryptocurrency monitoring platform DefiLlama.<\/p>\n\n\n\n

SundaeSwap<\/a>, which launched on the mainnet in late January, has a total value of $121.75 million, making it the largest Cardano DEX for the time being.<\/p>\n\n\n\n

Cardano pales in contrast to other “Ethereum killers” such as Solana and Avalanche, with only $172.46 million in TVL.<\/p>\n","protected":false},"excerpt":{"rendered":"

Users of Minswap can now deposit cash in exchange for rewards and swap tokens in a decentralized manner as the DEX launches on the Cardano mainnet. Minswap, a multi-pool decentralized exchange , had its Cardano mainnet debut earlier today. Minswap completed its audit in partnership with Tweag, a concept-to-launch software innovation lab, Prior to the […]<\/p>\n","protected":false},"author":12,"featured_media":20453,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[75],"tags":[7984,5680,7983],"class_list":["post-20441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-cardano-mainnet","tag-dex-2","tag-minswap"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/image-67.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/20441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=20441"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/20441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/20453"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=20441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=20441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=20441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}