When you trade on SundaeSwap, a decentralized exchange built natively on the Cardano blockchain. It lets users swap ADA and other Cardano-based tokens without a middleman—directly from their wallets. Also known as the first native DEX on Cardano, it’s designed for users who want control, low costs, and no KYC. But knowing the base fee isn’t enough. What you see upfront—like 0.3% per trade—is just the tip. Underneath, there are network fees, liquidity pool slippage, and gas costs tied to Cardano’s proof-of-stake structure that can change how much you really spend.
Cardano itself doesn’t charge traditional gas like Ethereum. Instead, every transaction on SundaeSwap pays a small fixed fee to the Cardano network, usually under $0.10, regardless of trade size. That’s why it’s cheaper than most Ethereum-based DEXs. But here’s the catch: if your trade hits a thin liquidity pool, you might get a worse price than expected. That’s not a SundaeSwap fee—it’s market impact. And if you’re swapping a new token with low volume, you could end up paying more in lost value than in actual fees. That’s why experienced users check liquidity depth before clicking confirm.
SundaeSwap also supports staking and liquidity provision. If you add funds to a pool, you earn trading fees from others—but you also face impermanent loss risk. That’s not a fee you pay, but it’s a cost you absorb. Compare that to centralized exchanges like Binance, where you pay 0.1% per trade but get instant liquidity and no price slippage. SundaeSwap trades off convenience for decentralization. It’s not the fastest or the most liquid, but it’s one of the few places on Cardano where you truly own your assets.
What you’ll find below are real reviews, breakdowns, and comparisons of SundaeSwap’s costs against other Cardano DEXs like Minswap and WingRiders. Some posts show how users saved money by timing trades around network congestion. Others expose hidden costs in token swaps that looked free on the surface. You’ll see exactly what happens when liquidity dries up, how fee structures changed after the V2 upgrade, and why some traders still prefer Cardano’s native DEXs despite the learning curve. This isn’t theory—it’s what people actually paid, lost, and saved.
SundaeSwap v3 is Cardano's only major DEX, offering non-custodial token swaps with low liquidity and high fees. It's reliable for native Cardano trades but lacks advanced features. Best for long-term holders who want to stay in the ecosystem.
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