Overview
Comet Trade is a native mobile DEX aggregator for Cardano, built by the JPG Store team, that lets users trade tokens through an iOS or Android app without requiring a traditional crypto wallet. The app combines email-based onboarding, fiat on-ramping, and liquidity aggregation across Cardano decentralized exchanges into a single mobile interface aimed at lowering the barrier to entry for DeFi participation1.
The product targets users who find existing Cardano DeFi tools intimidating or desktop-centric. Rather than building its own exchange or liquidity pools, Comet Trade routes every swap through DexHunter, a Cardano-focused DEX aggregation engine that sources liquidity from all major Cardano DEXs. This means Comet Trade functions as a consumer-facing front end for DexHunter's routing infrastructure, packaged with fiat payment rails and simplified authentication2.
Key Features
- Email login with no seed phrases. Users create an account with any email address and authenticate via Web3Auth, bypassing the standard Cardano wallet setup. Face ID is supported for biometric access on compatible devices1.
- Fiat on-ramping and withdrawals. The app integrates Onramper to accept Apple Pay, Google Pay, credit and debit cards, and bank transfers, allowing users to purchase ADA directly and withdraw back to fiat without leaving the app2.
- DexHunter-powered trade routing. Every token swap is routed through DexHunter, which aggregates liquidity across Cardano DEXs to find optimal pricing. According to JPG Store's help documentation, this provides access to all Cardano DeFi trading pairs2.
- Real-time notifications. Push alerts notify users of new token listings, price movements, and DeFi opportunities, positioning Comet Trade as a monitoring tool alongside its trading function1.
- Snek.Fun integration. Users can trade tokens in their pre-bonding phase through a Snek.Fun integration, track holder counts, and receive notifications when tokens reach their bonding threshold1.
What to Expect
Comet Trade is available on the App Store and Google Play. The onboarding flow asks for an email address, skipping the wallet creation and seed-phrase backup steps that most Cardano DApps require. Once signed in, users land on a trading screen where they can search for Cardano native tokens, view price charts, and execute swaps.
Funding an account is handled through Onramper's embedded payment gateway, so users who do not already hold ADA can purchase it with familiar payment methods. Existing ADA holders can also deposit directly from any Cardano wallet. The app is non-custodial: Comet Trade does not store private keys or hold user funds, relying instead on Web3Auth's encrypted key management so that the user retains on-chain control2.
Documentation lives on JPG Store's shared help center rather than a standalone docs site, with articles covering account setup, deposits, withdrawals, and token trading. The project does not publish a whitepaper, public roadmap, or open-source repository, and an independent security audit has not been publicly identified. Users should weigh the convenience of Comet Trade's simplified onboarding against the limited transparency typical of closed-source mobile applications and evaluate their own risk tolerance accordingly.
