SundaeSwap is a Cardano trading and liquidity protocol associated with SundaeSwap Labs, Inc. Its website now promotes V4, but the 30 July 2026 announcement expressly described a staged launch. The practical distinction is between features advertised for V4, the contracts actually serving a selected pool, and the older V3 documentation still available in the code repository.[1][4][5]
Markets & services
Sections ↑Reference table01
Current product surfaces
| Item | Published terms |
|---|---|
| Trading interface | Connect a wallet to trade Cardano assetsSource 2Source 1Source 4 |
| Liquidity | Pool participation and yield-farming access advertisedSource 2Source 1Source 4 |
| V4 promotion | Current corporate website introduces the new architectureSource 2Source 1Source 4 |
| Availability boundary | July announcement warns that features arrive in stagesSource 2Source 1Source 4 |
Reference table02
V4 advertised execution design
| Item | Published terms |
|---|---|
| Routing | Orders can split across pools while preserving minimum outputSource 1Source 4 |
| Surplus | Output above the minimum goes to the userSource 1Source 4 |
| Partial fills | Budgeted execution across timeSource 1Source 4 |
| Composition | Design permits integration with other protocolsSource 1Source 4 |
Reference table03
V4 advertised pool designs
| Item | Published terms |
|---|---|
| Modular pools | Curves, permissions and execution components are configurableSource 1Source 4 |
| Concentrated liquidity | Capital allocated to selected price rangesSource 1Source 4 |
| Multi-asset pools | Exposure can span more than two tokensSource 1Source 4 |
| Custom vaults | Strategies may deploy assets beyond a simple reserve poolSource 1Source 4 |
Reference table04
Linear-swap claim and limit
| Item | Published terms |
|---|---|
| Advertised pricing | 1:1 stablecoin conversion plus a stated feeSource 1Source 4 |
| Inventory | A particular asset can run outSource 1Source 4 |
| Economic exposure | Fixed pool pricing does not establish a stablecoin’s redemption valueSource 1Source 4 |
| Availability | Pool-level support must be checked in the actual interfaceSource 1Source 4 |
Fees & commercial terms
Sections ↑Reference table05
Costs that affect a swap
| Item | Published terms |
|---|---|
| Pool trading charge | Depends on the selected pool and versionSource 3Source 7Source 1 |
| Protocol/executor | Protocol or scooper compensation can applySource 3Source 7Source 1 |
| Network | ADA transaction costsSource 3Source 7Source 1 |
| Market result | Price impact and the execution floor affect received quantitySource 3Source 7Source 1 |
Reference table06
V3 documented fee mechanics
| Item | Published terms |
|---|---|
| Pool fee | May decay from a starting rate to a final rateSource 3 |
| Protocol fees | Collected at the pool output under the documented architectureSource 3 |
| Treasury | Design permits an administrator to withdraw those protocol feesSource 3 |
| Version limit | These details describe V3 documentation, not a universal V4 tariffSource 3 |
Reference table07
Small orders and repeated execution
| Item | Published terms |
|---|---|
| Fixed ADA costs | Represent a larger percentage of a smaller orderSource 4Source 3Source 7 |
| Partial fills | More executions can consume more of the fee budgetSource 4Source 3Source 7 |
| Multiple protocols | Each selected interaction can introduce its own economicsSource 4Source 3Source 7 |
| Useful comparison | Net received amount for the same input, pool version and execution conditionsSource 4Source 3Source 7 |
Deposits, withdrawals & settlement
Sections ↑Reference table08
Wallet funding
| Item | Published terms |
|---|---|
| ADA | Required for Cardano transaction costsSource 7 |
| Native token | Identified by policy ID and asset nameSource 7 |
| Token-bearing output | Must also contain the applicable minimum ADASource 7 |
| Operational implication | A token balance alone may not cover the ADA needed to move or trade itSource 7 |
Reference table09
Order and pool positions
| Item | Published terms |
|---|---|
| Order | Assets can be locked to express trading intentSource 3Source 1Source 8 |
| Pool contribution | Assets become a proportional claim on reservesSource 3Source 1Source 8 |
| Withdrawal result | Depends on the assets and current composition of that positionSource 3Source 1Source 8 |
| Transaction evidence | Explorer can distinguish submitted instructions from confirmed ledger activitySource 3Source 1Source 8 |
Custody & asset handling
Sections ↑Reference table10
Control boundaries
| Item | Published terms |
|---|---|
| Wallet signer | Authorises transfers and contract interactionsSource 5Source 3Source 1 |
| Order contract | Enforces the selected order conditionsSource 5Source 3Source 1 |
| Pool/vault | Holds assets according to its specific designSource 5Source 3Source 1 |
| Developer statement | Terms disclaim intermediary custody; that does not eliminate contract exposureSource 5Source 3Source 1 |
Reference table11
Version-specific administration
| Item | Published terms |
|---|---|
| V3 settings | Global settings define authorised scoopersSource 3Source 4 |
| V3 pool | Treasury administrator can update the attached stake addressSource 3Source 4 |
| V4 design | Announcement explicitly discusses upgradeabilitySource 3Source 4 |
| Due diligence | Review the actual pool/contract controls instead of assuming every version is immutableSource 3Source 4 |
Reference table12
Liquidity-provider trade-offs
| Item | Published terms |
|---|---|
| Price-range position | Can stop earning trading fees when outside its active rangeSource 4Source 1 |
| Multi-asset pool | Adds exposure to every included assetSource 4Source 1 |
| Managed vault | Can add strategy and external-protocol risksSource 4Source 1 |
| Trading fee income | Does not guarantee a positive return on the deposited assetsSource 4Source 1 |
Client eligibility & restrictions
Sections ↑Reference table13
Published use conditions
Support & contacts
Sections ↑Reference table14
Working public contact routes
| Item | Published terms |
|---|---|
| Product/partnership enquiries | [email protected]Source 6Source 5Source 8 |
| Terms contact | [email protected]Source 6Source 5Source 8 |
| Developer evidence | Official GitHub repositorySource 6Source 5Source 8 |
| Issue details | Transaction hash, asset policy IDs and pool/version identify the relevant operationSource 6Source 5Source 8 |
Authorisations & registrations
Sections ↑Reference table15
Permission and protection scope
| Item | Published terms |
|---|---|
| Named company | SundaeSwap Labs, Inc.Source 5 |
| Service description | Peer-to-peer protocol and software interfaceSource 5 |
| Financial authorisation | None established by the cited termsSource 5 |
| Asset recovery | Contract losses and token-price losses are not presented as insured depositsSource 5 |
Operator & entity scope
Sections ↑Reference table16
Document dates and identity
| Item | Published terms |
|---|---|
| Terms | 20 September 2021Source 5Source 6Source 4Source 3 |
| Current footer | SundaeSwap Labs, Inc.Source 5Source 6Source 4Source 3 |
| V4 announcement | 30 July 2026Source 5Source 6Source 4Source 3 |
| Repository | Describes V3 and onward, with V3-specific architectural explanationSource 5Source 6Source 4Source 3 |
- Operator
- SundaeSwap Labs, Inc.; protocol execution through Cardano contracts
- Exchange model
- Decentralised
- Service scope
- Cardano token swapping, liquidity provision and farming. Website promotes V4 modular pools, routing and other features; launch announcement specifies staged availability. Individual pool/contract versions matter.
- Client types
- Retail clients; Professional clients
- Pricing publication
- Public and quoted pricing
- Other names
- SundaeSwap; Sundae V3; SundaeSwap Finance
- Headquarters
- Incorporation jurisdiction not specified in the inspected service terms
- Covered jurisdictions
- Cardano services; applicable-law and product restrictions apply
- Pricing scope
- No universal current V4 numeric fee schedule was established in the inspected public materials. Pool, protocol/scooper and Cardano network costs should be read from the transaction. Partial-fill budgets and additional integrations can alter costs.
- Funding scope
- Cardano ADA and supported native assets held in a compatible wallet. ADA funds network costs and accompanies token-bearing outputs; LP withdrawal returns the assets represented by the current position.
- Custody and asset handling
- Users sign wallet transactions and commit assets to order or pool contracts. Published terms describe no intermediary custody; older immutable-contract language must not be applied indiscriminately to V4’s modular and upgradeable design.
- Client eligibility
- Published service terms require age 18 and lawful access. No universal country availability or exemption from issuer/app requirements is established by wallet connectivity.
- Support
- [email protected] for product questions, feedback and partnerships; [email protected] in the terms. Official site also links Discord and GitHub.
- Authorisation and registration scope
- The inspected terms identify SundaeSwap Labs, Inc. and describe software/protocol services. No particular licensed exchange, custody permission or compensation arrangement is established.
Exchange metadata checked 27 Oct 2026Source 1Source 2Source 3Source 4Source 5Source 6Source 7Source 8
Covered contracting entities
Additional Information
Sections ↑A V3 audit or dashboard cannot establish V4’s deployed code, liquidity or audit coverage. The July V4 announcement described an audit nearing completion; a final current V4 report and deployed-code match were not established in the inspected material. Likewise, the website’s routing animation uses illustrative pool/path counts rather than a live liquidity inventory.[4][1][3]
Sources & further reading
- Live SundaeSwap homepage explicitly describes V4 modules and public illustrative routing example SundaeSwap Labs · Accessed 27 Oct 2026
- Sundae current trading app SundaeSwap Labs · Accessed 27 Oct 2026
- SundaeSwap repository: V3 architecture and version boundaries SundaeSwap-finance · Accessed 27 Oct 2026
- Sundae V4 announcement and staged deployment, 30 July 2026 Sundae Labs · Accessed 27 Oct 2026
- SundaeSwap terms dated 20 September 2021 SundaeSwap Labs, Inc. · Accessed 27 Oct 2026
- Sundae Labs product support and partnership contacts Sundae Labs · Accessed 27 Oct 2026
- Cardano native-token identities and ADA requirements Cardano documentation · Accessed 27 Oct 2026
- Cardano transaction and asset explorers Cardano documentation · Accessed 27 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.