hadeswap

DEXs
NFT
Other Categories
+1
- L1s

Copy link
Share on X

Claim company
Report company

Description

Hadeswap is a decentralized finance (DeFi) project and an automated market maker (AMM) operating on the Avalanche, Fantom, and notably Solana networks. It allows for token and NFT trading without traditional market makers, using liquidity pools that users can contribute to and earn transaction fees. Launched in September 2022, Hadeswap leverages yield farming and staking mechanisms for additional returns. On Solana, it has become the first NFT-backed stablecoin and AMM, recording 3M SOL in total trading volume and 550K SOL in Total Value Locked (TVL). Key features include cross-chain functionality, enhancing liquidity and utility. The $MDS token serves as a backed utility token. Hadeswap's goal is to solidify its position as the leading NFT liquidity provider while expanding across multiple blockchains. For more information, visit www.hadeswap.com.

Socials

Similar companies

SithSwap

SithSwap, a DeFi platform on Solana, offers AMM for token swapping, liquidity provision, & yield farming with high throughput & low fees.

HydraSwap

HydraSwap is a Solana-based DEX with a hybrid AMM, offering fast, low-cost transactions, and a suite of DeFi services like swapping, staking, and farming, designed to reduce impermanent loss and improve trade efficiency.

HakuSwap

HakuSwap is a versatile crypto platform on Avalanche offering AMM, NFT, and GameFi features for seamless trading, earning, and gaming experiences.

Solana Swap

Solana Swap (SOS) is a decentralized finance platform on the Solana blockchain offering fast, low-cost transactions for trading and liquidity.

MagicSwap

MagicSwap is an AMM on Avalanche, offering a user-friendly DeFi platform for crypto swaps, liquidity provision, and yield farming with a focus on community engagement.

StormSwap

StormSwap operates on Avalanche, offering DeFi services like yield farming and crypto swapping with high speed, low fees, and a focus on security.

Hurricane Swap

Hurricane Swap is a cross-chain swap protocol on Avalanche, offering seamless token exchanges with low slippage and high liquidity. Uses $HCT for governance and staking, enhancing DeFi with fast, efficient trades.

Soul Swap

Soul Swap is a cross-chain AMM and P2P lending protocol on Fantom that unlocks open financial applications for traders, investors, developers, and visionaries.

Yodeswap

Yodeswap is a decentralized exchange on the Binance Smart Chain, offering token swaps, liquidity pools, yield farming, and staking with minimal fees and high-speed transactions. Its secure, user-friendly platform includes wallet integration and decent...

ShadowSwap

ShadowSwap is a user-friendly DEX on the Fantom blockchain offering low fees, high-speed transactions, token swaps, and staking rewards through AMM to ensure liquidity.

Exswap

Exswap is a multi-chain DeFi platform offering swapping, staking, and yield farming on various blockchains, enhancing liquidity and trading through its AMM protocols.

AdaSwap

AdaSwap is a Cardano-based DeFi ecosystem creator, offering a DEX for asset swaps, a native token for rewards and governance, and tools to grow the Cardano DeFi landscape.

FAQ

What is the primary purpose of Hadeswap?

Hadeswap is a decentralized finance (DeFi) project that functions as an automated market maker (AMM) to enhance liquidity and trading experience for NFTs on the Solana blockchain. It allows users to trade and swap NFTs effortlessly using liquidity pools, aiming to be the primary liquidity layer for NFTs while providing opportunities for yield farming and staking.

How does Hadeswap enable token swaps without traditional market makers?

Hadeswap operates as an automated market maker (AMM) on Avalanche and Fantom networks, allowing token swaps without traditional market makers or order books by using liquidity pools where users can contribute. These pools facilitate seamless token transactions, and participants providing liquidity earn transaction fees from the swaps conducted on the platform.

What benefits do liquidity providers get on Hadeswap?

Liquidity providers on Hadeswap are rewarded with transaction fees generated from swaps on the platform. Moreover, they can participate in yield farming and staking, which offer additional returns on digital assets, maximizing their earning potential through the platform's efficient security and trading features.

How does Hadeswap compare to traditional NFT marketplaces?

Unlike traditional NFT marketplaces, Hadeswap leverages an automated market maker (AMM) approach, allowing for seamless NFT trading and enhanced liquidity through liquidity pools. This method contrasts with typical order book systems, offering more efficient and flexible trading options on the Solana blockchain, and supports the $MDS token, adding unique economic incentives.

What makes Hadeswap relevant in the DeFi and NFT industry?

Hadeswap is significant in the DeFi and NFT industry due to its innovative approach as the first NFT-backed stablecoin and AMM on Solana, providing improved liquidity for NFTs. Its cross-chain functionality allows users to access liquidity across multiple blockchains, highlighting its aim to be the leading NFT liquidity provider with plans for multichain expansion.

How can users troubleshoot common issues on Hadeswap?

Users facing issues on Hadeswap can ensure their wallet is connected correctly and verify that they are using supported chains like Solana, Avalanche, or Fantom. Checking the liquidity pool status or reverting to a stable internet connection can also resolve common issues. For further assistance, visiting the official website or community channels provides more detailed support.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags