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Minswap

CEXRank #333

Launched: 2022-03-07

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Volume 24h
$5.9K
Volume 7d
$45.5K
Volume 30d
$190.2K
Vol. Change 24h
-31.71%
Trading Pairs
13
Coins Listed
7
Monthly Visits
—
Weekly Visits
—
Best Referral Code
N/A
Liquidity (24h)
N/A
Traffic Score
N/A
Maker / Taker Fee
N/A

Minswap Trading Volume History

Daily 24h volume snapshots collected by DEXCEX

$63.8K$42.6K$21.4K$240May 22Jun 6Jun 20
Latest
$5.9K
Avg
$17.1K
Range
$5.5K – $58.5K
Period change
-41.31%

Trade on Minswap

Access 13 trading pairs across 7 coins directly on Minswap.

Top trading pairs on Minswap

Showing top 13 of 13 live pairs by 24h trading volume.

#PairPrice
1
ADA/MIN
$0.162329
2
ADA/SNEK
$0.162744
3
ADA/FREN
$0.172100
4
ADA/INDY
$0.161101
5
ADA/DJED
$0.161138
6
ADA/IUSD
$0.159969
7
ADA/IAG
$0.161388
8
ADA/IBTC
$0.159800
9
ADA/BBSNEK
$0.162100
10
ADA/HOSKY
$0.161100
11
ADA/LQ
$0.162832
12
ADA/AGIX
$0.161100
13
ADA/FLDT
$0.162100

About Minswap

##What is Minswap (MIN)? Minswap is a Decentralized Exchange (DEX) on the Cardano (ADA) blockchain. For each swap, a fee is taken, which mainly goes to the Liquidity Providers (LPs). LPs on Minswap can stake their LP Tokens to earn MIN Tokens in yield farming.

Minswap launched in March 2022 and quickly became the DEX with the highest Trading Volume and Total Value Locked (TVL) on Cardano. Minswap is a community-centric DEX with no private or VC investment.

MIN tokens are given to protocol participants and LPs, who can participate in governance and vote on protocol changes. MIN Token holders are also eligible for swap fee discounts when trading.

Minswap takes advantage of the liquid staking of ADA to stake the ADA deposited in the DEX Smart Contract, enabling LPs keep earning ADA staking rewards. Minswap offers projects the option to offer their own token rewards in yield farming.

As such, in some cases LPs earn 4x rewards (MIN Tokens + ADA staking reward + Project Token + Trading Fees). Lastly, the Minswap Launchbowl, encompasses the initiatives other projects can use to bootstrap their Liquidity on Minswap. ##Who Are the Minswap Founders? The Minswap DEX is mainly developed by the Minswap Labs entity, a group of DeFi natives and developers mainly based in Vietnam.

##How much are swap fees on Minswap? There is a 0.3% fee for token swaps. 0.25% goes to liquidity providers and 0.05% towards a Fee Switch mechanism. There is a fixed 2 ADA batcher fee that can be reduced depending on how many MIN Tokens the user has in their wallet.

Minswap in the CEX Ranking on dexcex.io

Minswap is tracked in the CEX Ranking on dexcex.io alongside every other major centralized exchange. It currently sits at #333 in our CEX Ranking based on 24h trading volume, exchange score, liquidity and web traffic.

Compare Minswap's 24h volume and fees against other top venues in the CEX Ranking on dexcex.io, then check how its listed assets perform inside the crypto rankings to spot which markets are driving its volume.

dexcex.io combines the DEX Ranking, the CEX Ranking and full crypto rankings in one portal, so you can move from this Minswap profile straight into the broader market context without leaving the site.

Frequently Asked Questions about Minswap

What is Minswap and is it a DEX or CEX?
Minswap is a centralized exchange (CEX), launched on 2022-03-07. As a CEX, it acts as an intermediary matching buyers and sellers with order books and custodial wallets.
How does Minswap work?
Minswap operates as a centralized exchange where users create an account, deposit funds (crypto or fiat), and place buy or sell orders through the platform's order book. The exchange matches orders between buyers and sellers and holds user funds in custodial wallets. Minswap currently offers 13 trading pairs across 7 listed cryptocurrencies.
How does Minswap differ from other centralized exchanges?
Minswap stands out among CEXs with a 24-hour trading volume of $5.9K. It is currently ranked #333 among CEX platforms on DEXCEX. Key differentiating factors for CEXs include fee structure, number of supported assets, trading products (spot, futures, margin), regulatory status, and security measures.
What is Minswap's 24h trading volume?
Minswap currently has a 24-hour trading volume of $5.9K, which has changed by -31.71% compared to the previous day. The 7-day volume is $45.5K and the 30-day volume is $190.2K. CEX volume is a key indicator of exchange liquidity and activity.
How many trading pairs does Minswap support?
Minswap currently supports 13 trading pairs across 7 listed coins. More trading pairs generally means more options for traders to diversify their crypto portfolio.
What are Minswap's trading fees?
Detailed fee information for Minswap may vary by trading pair and user tier. Check the exchange's official fee schedule for the most up-to-date rates.
Where does Minswap rank among CEX exchanges?
Minswap is ranked #333 in the CEX ranking on DEXCEX based on trading volume, liquidity score, web traffic and other key metrics.
What is the difference between a DEX and a CEX?
A DEX (decentralized exchange) lets users trade crypto directly from their wallets via smart contracts — there is no central authority holding funds. A CEX (centralized exchange) acts as a middleman, holding user deposits and matching orders through a centralized order book. DEXs offer self-custody and transparency, while CEXs typically provide faster execution, fiat on-ramps, and more advanced trading products. Minswap is a CEX, providing a managed trading environment with additional features.
How much web traffic does Minswap receive?
Web traffic data for Minswap is currently not available. Visit DEXCEX regularly for updated exchange statistics and CEX ranking data.
What is Minswap's liquidity score?
The liquidity score for Minswap is currently not available. Liquidity is a critical factor for trade execution quality and is factored into CEX rankings on DEXCEX.
Is Minswap safe to use for crypto trading?
Minswap is listed on DEXCEX. As a centralized exchange, security depends on the platform's infrastructure, insurance funds, and regulatory compliance. Always enable two-factor authentication and withdraw large holdings to personal wallets. DEXCEX provides data and rankings but does not endorse any specific exchange.