SundaeSwap review: What you need to know about this Cardano DEX in 2025

When you trade crypto on SundaeSwap, a decentralized exchange built specifically for the Cardano blockchain. Also known as SundaeSwap DEX, it lets users swap ADA and other Cardano-based tokens directly from their wallets without a middleman. Unlike centralized exchanges, you never give up control of your funds—your wallet stays in your hands, and trades happen on-chain.

SundaeSwap is one of the oldest and most trusted Cardano DEX, a platform for trading tokens native to the Cardano blockchain. It launched in 2021 and quickly became the go-to spot for ADA holders looking to trade without relying on Binance or Coinbase. It’s not just a swap tool—it’s part of Cardano’s broader DeFi ecosystem, connecting users to liquidity pools, staking rewards, and community-governed upgrades. The platform runs on the Cardano blockchain, which means lower fees and slower but more secure transactions compared to Ethereum-based DEXs. Its design is simple: pick a token pair, approve the swap, and done. No KYC, no sign-up, no hidden fees.

But it’s not perfect. Liquidity on SundaeSwap is thinner than on bigger chains like Ethereum or Solana. If you’re trading large amounts, you might see slippage or get stuck waiting for a trade to go through. Some newer DEXs on Cardano, like Minswap or WingRiders, have caught up with better UIs and deeper pools. Still, SundaeSwap holds its ground because it’s been around long enough to earn trust—and it’s the only Cardano DEX that ever ran a real community airdrop for early users. It’s not flashy, but it works.

If you’re holding ADA, you’ve probably heard of SundaeSwap. But should you use it in 2025? The answer depends on what you need. If you want a no-nonsense, battle-tested way to trade Cardano tokens without leaving the ecosystem, it’s still a solid pick. If you’re chasing the latest meme coin or high-yield farming, you might want to look elsewhere. Below, you’ll find real user experiences, comparisons with other DEXs, and the truth about whether SundaeSwap still delivers on its original promise.