SundaeSwap
Top 3 by volumeCommunity-governed AMM with the SUNDAE token and deep liquidity
What is SundaeSwap?
SundaeSwap is one of Cardano's most established decentralized exchanges, known for its community-first approach and deep liquidity pools. Launched in early 2022, it introduced the SUNDAE governance token and has grown into a top-3 DEX by trading volume on Cardano.
Key Features
Community Governance
SUNDAE token holders vote on protocol upgrades, fee changes, and liquidity incentives. SundaeSwap has one of the most active governance communities on Cardano.
Deep Liquidity Pools
SundaeSwap hosts hundreds of trading pairs with deep liquidity for major tokens including ADA, DJED, MIN, WRT, and SUNDAE itself.
Yield Farming & ISO
Users can stake SUNDAE and provide liquidity to earn additional rewards. SundaeSwap ran one of Cardano's most participated Initial Stake Offerings (ISO).
V3 Concentrated Liquidity
The latest version introduced concentrated liquidity positions, allowing LPs to allocate capital within custom price ranges for higher capital efficiency.
How to Use SundaeSwap
- 1
Go to sundaeswap.finance and connect your Cardano wallet
- 2
Navigate to the Swap tab and select your input and output tokens
- 3
Enter the amount and review the price impact and slippage
- 4
Confirm the swap and sign the transaction with your wallet
- 5
Your tokens arrive in your wallet once the transaction is confirmed on-chain
Frequently Asked Questions
What is SUNDAE token used for?
SUNDAE is SundaeSwap's governance token. It is used to vote on protocol changes, earn a share of protocol fees, and participate in liquidity mining programs.
How does SundaeSwap compare to Minswap?
Both are leading Cardano DEXes. Minswap leads in TVL, while SundaeSwap competes closely on volume. SundaeSwap is known for its strong community governance and long track record since 2022.
Is SundaeSwap audited?
Yes. SundaeSwap's smart contracts have undergone multiple independent security audits. It has been live on mainnet since January 2022 without major security incidents.
Can I provide liquidity on SundaeSwap?
Yes. Navigate to the Pool section, select a trading pair, and deposit both tokens to receive LP tokens. You earn a proportional share of trading fees generated by your pool.