AdaSwap (ASW) Project Overview
AdaSwap (ASW) is the native token of the AdaSwap DEX project, which is built on the Cardano blockchain network. AdaSwap aims to provide an efficient and low-cost trading environment for tokens on the Cardano chain and plans to launch liquidity pools with fixed, long-term, and high-yield characteristics. Additionally, the project includes a native Cardano NFT marketplace called Adanft to enrich its ecosystem.
The ASW token was first issued on January 11, 2022, and serves as a core component of the AdaSwap ecosystem for governance, payments, and incentives.
ASW Tokenomics
- Total Supply: 10 billion ASW
- Circulating Supply: Approximately 6.36 billion ASW (64% of total supply)
ASW Market Performance and Risk Warning
As of August 15, 2026, ASW's market performance is extremely inactive, with significant issues of insufficient trading activity and low market confidence. Its price is approximately $0.0000012, having fallen 99.99% from its all-time high of $0.00923, representing an almost complete retracement.
The current market capitalization of ASW is approximately $7,632.16, while its 24-hour trading volume is only about $2,598.32. Such low trading volume indicates extremely poor liquidity and insufficient market depth for the token, making its price highly susceptible to drastic fluctuations from small transactions. Given its massive price drop and meager trading volume, ASW is considered a high-risk crypto asset.
ASW Trading and Storage
Due to ASW's extremely low 24-hour trading volume and depleted market liquidity, there is no active trading market for this token. Investors must fully understand its high-risk nature before considering any operations.
Historically, platforms such as Gate.io and BitMart have listed ASW/USDT trading pairs. However, given the current market conditions, the actual trading activity on these platforms may be very limited, or they may no longer offer meaningful trading services. Coinbase previously listed information about AdaSwap but explicitly stated that ASW is not tradable on its platform.
ASW tokens can be stored in cryptocurrency wallets that support Cardano network assets, including hardware wallets like Ledger Nano X and Ledger Nano S Plus, and software wallets like Trust Wallet. However, please note that wallet support for storage does not imply the existence of an active trading market.
Important Notice
The information provided in this article is for educational reference only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investment risks are high. Investors must conduct thorough market research and risk assessment and make decisions cautiously.
