Matrixswap Sealed A Partnership With ErgoDEX

The Matrixswap team is proud to announce its strategic partnership with ErgoDEX, a decentralized non-custodial exchange that securely transfers liquidity between the Ergo and Cardano networks.

ErgoDEX is notably one of the first exchanges on Cardano to combine contracts from AMM (Automated Market Maker) DEXs with order contracts from order book DEXs. This feature of shared liquidity across exchanges on both Ergo and Cardano is made possible by their eUTXO ledger model.

As part of the partnership, Matrxiswap and ErgoDEX will align its missions so that they could together grow the DeFi ecosystem on Cardano. Specifically, ErgoDEX will provide even more liquidity for Matrixswap DEX aggregator.

ABOUT ErgoDEX
ErgoDEX is a non-custodial, decentralized exchange built on top of Ergo and Cardano. The eUTxO model shared by these blockchains enables the unique possibility of sharing liquidity among different types of exchanges on top of both the Ergo and Cardano ecosystems.

ABOUT Matrixswap
Matrixswap is a fully decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot, Cardano, and Polygon blockchains. Unlike traditional AMMs, users can long or short any assets’ perpetual contracts with up to 25x leverage. Matrixswap aims to be a fully community-owned and governed Defi protocol.

RESOURCES
Medium