DeFi

Cardano DEX AdaSwap Announces Partnership With Multichain

DEX AdaSwap announces a partnership with Multichain. Users can now swap the protocol native tokens directly from the Ethereum network to the Milkomeda network and vice versa through one easy bridge on Multichain.

AdaSwap, the next-generation Cardano DEX, has teamed up with Multichain, a major cross-chain router. The protocol confirmed the news in a Saturday tweet on its handle. According to the DEX, its cooperation with MultiChain will provide its community with a dependable and fast bridging solution.

As a result of this development, users may now transfer AdaSwap tokens directly from the Ethereum network to the Milkomeda network and vice versa through a single multichain bridge.

Notably, the Cardano-based DEX platform stated that Multichain, a well-known cross-chain router, often serves over 64 chains and has more than 1.7 billion in liquidity. Furthermore, the protocol encourages its community to anticipate the native Cardano-to-Ethereum bridge.

This news comes just a week after the DEX relocated to.com in preparation for its mainnet. According to reports, the domain name was changed from AdaSwap.app to AdaSwap.com to better symbolize a worldwide strategy.

However, the protocol states that both URLs will still transport visitors to the “true website,” although the.com domain represents the DEX legally. Following the successful completion of an audit testnet, the protocol revamped its website to make it more user-friendly, legible, speedy, and accessible.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.