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Ravendex News

Ravendex is an all-in-one trading tool for people who open their positions on decentralized exchanges. With its indistinctive architecture, AMM protocol, and wide range of features, it aims to fast and secure delivery.

What is Ravendex?

Ravendex is the first non-custodial decentralized exchange (DEX) in the world, which uses the AMM protocol to operate on the Cardano Blockchain. The Cardano Ecosystem uses the protocol to trade their assets at a price determined by the liquidity they provide. Ravendex enables fast asset and liquidity transfers between ADA and native Cardano tokens.

It’s a cross-chain exchange that uses the eUTXO architecture, which is noted for its distinctive features, including the flexibility to split shared liquidity across multiple assets on the Cardano Ecosystem.

This is also one of the few initiatives on the Cardano Ecosystem to envision a cryptocurrency asset lending and borrowing system, thanks to the recently released Alonzo Hard Fork update, which allows smart contracts to deposit assets and receive interest according to a set of pre-defined parameters.