Cardano's 'ecosystem builder' AdaSwap goes live in public testnet today
AdaSwap is also the first decentralized application ecosystem built on the top of Milkomeda, a second-layer solution for Cardano blockchain.
As such, it leverages a fully EVM-compatible Cardano-based environment. With this release, the total value locked on the Milkomeda platform exceeds $36 million.AdaSwap CEO Itai Levi is excited by the latest accomplishment of his team and highlights its importance for Cardano's entire ecosystem: Deploying on Milkomeda has allowed Adaswap to deploy at a rapid pace and bring lightning-fast usability to our DEX for Cardano native assets. We can't wait for our community to explore these new opportunities and bring a new wave of liquidity to the Cardano DeFi ecosystem. We're also looking forward to the blockchain interoperability benefits that Milkomeda will offer.
As covered by U.Today previously, AdaSwap made headlines in March 2022 as it released a cutting-edge digital collectibles marketplace on Cardano .
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