Axo Price(AXO)

Axo operates as a decentralized trading protocol distinctively positioned on the Cardano blockchain. With a total token supply of 42 million, the project aims to democratize market access, providing users with the ability to engage in sophisticated financial activities without the inherent biases found in traditional systems. At the core of Axo’s functionality is its formally verified Order Matching Engine, designed to ensure that users receive the best execution price and that trades are executed based on order of arrival.

The Axo protocol is innovative in its approach to programmability; it introduces a methodology for enabling a broad variety of financial behaviours through what it terms “programmable swaps.” This feature allows users to codify complex financial strategies that can respond to market conditions dynamically, stripping away the inefficiencies often present in conventional trading systems.