Minswap (MIN) Price, Liquidity & Market Data
About Minswap
Minswap is Cardano's leading decentralized exchange and one of the ecosystem's foundational DeFi protocols. Rather than a standalone AMM, Minswap operates as a liquidity hub that powers permissionless trading, yield generation, and governance across the Cardano DeFi landscape. It combines multi-pool AMM markets, yield farming, a launchpad, and progressive DAO governance into an integrated liquidity ecosystem for Cardano native assets.
MIN is currently priced at $0.003684. Against USD, MIN is down 3.3% over 24 hours and up 3.7% over 30 days. Against ADA, MIN is down 3.8% over 24 hours and up 6.4% over 30 days. It has 32,260 holders, about $1.41M in DEX liquidity and a market cap of about $6.31M.
More about Minswap
How it works
Minswap operates as an integrated liquidity ecosystem with clearly separated participant roles. Liquidity providers supply token pairs to permissionless liquidity pools. Traders swap against those pools through the AMM, with orders routed and batched by Minswap's Laminar batching technology and, when needed, executed as multi-hop routes across pools. Trading fees are distributed primarily to liquidity providers who supply the pools being traded. LP tokens can then be staked in yield farms to earn additional MIN rewards. MIN holders stake their tokens to receive ADA Fee Switch rewards funded by protocol trading fees and to participate in governance over protocol parameters and treasury decisions.
What it solves
Minswap provides decentralized liquidity infrastructure for Cardano by enabling permissionless trading, liquidity provision, and market creation without centralized intermediaries. This gives Cardano native assets on-chain price discovery, accessible markets, and community-owned liquidity rails instead of relying on custodial venues.
Who it is for
Traders swapping Cardano native assets, liquidity providers supplying trading liquidity to pools, yield farmers earning additional incentives on top of trading fees, and MIN holders participating in staking, ADA Fee Switch rewards, and protocol governance.
Key features
- Automated Market Maker (AMM) for Cardano native assets.
- Permissionless liquidity pools.
- Multi-hop routing across pools.
- Yield farming with MIN incentives on top of trading fees.
- MIN staking for ADA Fee Switch rewards and governance.
- ADA Fee Switch distributing a portion of protocol fees as ADA to stakers.
- Progressive DAO governance over protocol parameters and treasury.
- Launch Bowl for launching new Cardano tokens.
- Laminar batching technology for order aggregation and execution.
- Category
- DEX
- Website
- https://minswap.org/
- Supply
- Circulating supply is about 1.71B MIN out of a total supply of 3B
- Policy ID
- 29d222ce763455e3d7a09a665ce554f00ac89d2e99a1a83d267170c6
- Asset unit
- 29d222ce763455e3d7a09a665ce554f00ac89d2e99a1a83d267170c64d494e
