SundaeSwap (SUNDAE) Listed on Bitrue Exchange
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Leading crypto exchange Bitrue continues to foster the adoption of crypto to mainstream users with the addition of innovative projects. Following the launch of its yield farming hub some weeks ago, Bitrue has listed decentralized trading protocol SundaeSwap on its trading platform.
SundaeSwap (SUNDAE) will go live on Bitrue from February 14th, 2022 (PST) with the listing of SUNDAE/USDT trading pairs. SUNDAE holders will be able to deposit, trade and withdraw their tokens on Bitrue.
SundaeSwap (SUNDAE) is a decentralized trading protocol operating on the Cardano network, which has attracted the attention of crypto enthusiasts since its launch in January 2022. During the week leading up to its launch, the price of Cardano native token ADA spiked by 50%.
Since then, SundaeSwap has established itself as the dominant player in the Cardano DeFi ecosystem. It has more than $80 million locked within its smart contract and a 95% dominance of the Cardano DeFi market making it one of the top tokens in the crypto ecosystem.
The listing of SUNDAE is huge as it will expose the token to more than 2 million users globally and foster its adoption.
Adam O’Neil, Chief Marketing Officer of Bitrue, is of a similar opinion. "SUNDAE, in particular, is a coin that we are excited to throw our weight behind. It is the first project to utilize the new smart contract functionality of Cardano, and ideologically, it is a leader in providing fair financial services through decentralized networks to users worldwide," he noted.
As one of the oldest cryptocurrency exchange, Bitrue has become the standard on-ramp for crypto investors. It offers a wide variety of
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