Cardax DEX is a platform to exchange tokens on the blockchain without a central entity. There are already DEXes on other blockchains, but Cardano has only recently released support for smart contracts. This brings a unique opportunity for us to be one of the major players on Cardano.
The smart contracts are written in Plutarch (Haskell). They define the constraints and conditions under which actors can interact with the exchange.
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Cardax is a company focused on blockchain development, specifically within the Cardano ecosystem.