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Dano Finance Review: Is This Cardano DEX for You?

Dano Finance is identified as a Cardano DEX for Optim-issued bond tokens. Fees, custody and the steps to start are not clear enough to assess whether it is right for you.

By the SkyBitcoins review team · Updated

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At a glance

Dano Finance key facts

Dano Finance key facts
TypeDecentralized exchange
NetworkCardano
PurposeTrade Optim-issued bond tokens
AuditsTwo listed; scope and findings unclear
Value locked$5.08M−3.5% 7d
Updated

Dano Finance FAQs

What is Dano Finance?

Dano Finance is described as a decentralized exchange on Cardano for listing and trading bond tokens issued by Optim. It has no listed token of its own.

What fees does Dano Finance charge?

Dano Finance does not publish its trading fees in the details available about the project. Check the current terms and any transaction costs before connecting a wallet or trading.

Is Dano Finance safe to use?

Two audits are listed for the project, but their scope and findings are not clear. Custody arrangements and other security details are also not established, so do not assume your funds are protected.

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How we checked

Sources

  1. defillama.com/protocol/dano-finance(opens in a new tab)

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