Minswap

Minswap is a decentralized exchange (DEX) built on the Cardano blockchain that enables permissionless trading of token pairs with low fees and deep liquidity. It is designed for DeFi developers, traders, liquidity providers, and Cardano ecosystem participants who want a community-centric platform with fair token distribution and governance. Minswap supports token swaps, liquidity provision, yield farming, and staking, allowing users to earn fees and rewards while participating in the protocol's governance through the $MIN token.

The platform pioneered several innovations within Cardano DeFi, including the Fair Initial Stake Offering (FISO) model for equitable token distribution, the MINt token mechanic to incentivize liquidity providers, and the Launch Bowl for permissionless token launches. Minswap also supports stake pool operators (SPOs) through community-oriented delegation policies and automatic native token fee conversions. Its architecture includes Laminar, a concurrency solution enabling efficient smart contract execution on Cardano's extended UTXO model.

Minswap's governance is fully community-driven, with $MIN token holders voting on protocol changes, fee structures, and treasury management. The platform has demonstrated strong adoption with over 500 million ADA traded monthly at peak volumes and a growing user base engaging in staking and farming. Developers can integrate with Minswap via its APIs and aggregator widgets, and users can trade on web or mobile apps. Comprehensive documentation and open-source code are available to facilitate onboarding and development.