Minswap
#1 DEX by TVLLeading AMM DEX with the highest liquidity and volume on Cardano
What is Minswap?
Minswap is the leading decentralized exchange (DEX) on Cardano by total value locked (TVL) and trading volume. Built on the eUTXO model, it uses an Automated Market Maker (AMM) protocol that allows anyone to swap Cardano native tokens, provide liquidity, and earn yield — all without giving up custody of their assets.
Key Features
Multi-pool AMM
Minswap supports constant-product pools, stableswap pools, and multi-asset pools, giving liquidity providers flexibility to optimize for different asset pairs.
MIN Token Governance
MIN is the native governance token. Holders can vote on protocol upgrades, fee parameters, and liquidity mining rewards directly on-chain.
Yield Farming
Liquidity providers earn trading fees (0.3% per swap) plus additional MIN token incentives on selected pools.
MINtswap
A dedicated stableswap pool optimized for low-slippage trades between pegged assets like DJED, iUSD, and USDC-ADA pairs.
How to Use Minswap
- 1
Connect your Cardano wallet (Lace, Eternl, Nami, or Typhon)
- 2
Select the token pair you want to swap
- 3
Enter the amount — Minswap will automatically find the best pool
- 4
Review slippage tolerance and confirm the transaction
- 5
Sign with your wallet — the swap settles on-chain in seconds
Frequently Asked Questions
What are Minswap's fees?
Minswap charges a 0.3% fee per swap. 0.17% goes to liquidity providers, 0.05% to the protocol treasury, and 0.08% to MIN stakers.
Is Minswap safe to use?
Minswap has been audited by multiple security firms including Anastasia Labs and MLabs. It is the most battle-tested DEX on Cardano with billions in cumulative volume.
How do I provide liquidity on Minswap?
Navigate to the 'Liquidity' tab, choose a pool, deposit both tokens in the correct ratio, and receive LP tokens representing your share. You earn fees proportional to your share of the pool.
What tokens can I swap on Minswap?
Minswap supports all Cardano native tokens. This includes ADA pairs, stablecoins (DJED, iUSD), DeFi tokens (MIN, WRT, LENFI), NFT project tokens, and hundreds of community tokens.