MuesliSwap

About MuesliSwap

On November 26, 2021, MuesliSwap successfully launched a decentralized exchange on Cardano mainnet, making it the first among many competitors to leap into this new era of DeFi on Cardano.

With MuesliSwap, a novel approach for modelling and implementing a DEX on Cardano is proposed by revisiting the traditional order book model. The exchange protocol draws from game-theoretic concepts and distinguishes itself from alternatives through simplicity, modularity, self-regulation, and full decentralization, thus paving the way for MuesliSwap to become the first operational DEX on Cardano. For technical details, we refer to the scientific whitepaper outlining the results of MuesliSwap's rigorous research.

The approach to token trading by the MuesliSwap Team distinguishes itself from the popular approaches to trading, taking into account the Cardano transaction model. The EUTxO model of the Cardano blockchain makes it possible to use the order book model