Comdex’s Products: The Journey since Mainnet

4 min readJan 29, 2023

Decentralized Finance (DeFi) is a new class of financial instruments and services that are powered by blockchain technology. DeFi is a burgeoning sector of the cryptocurrency space that allows users to access a wide range of financial services without relying on traditional intermediaries such as banks and brokers. DeFi offers a wide range of benefits, including increased transparency, improved security, faster transaction speeds, and more efficient use of capital. By leveraging blockchain technology and smart contracts, DeFi has opened up a wide range of opportunities for users to access financial services that were previously unavailable or too expensive. DeFi also promises to revolutionize the traditional financial system by enabling efficient and secure access to financial services without needing to rely on a trusted third party. With DeFi, users can access a wide range of services, such as lending, borrowing, trading, and insurance, without having to trust a centralized entity.

Introducing Comdex

Having introduced DeFi, you are welcome to the exciting world of Comdex, a cutting-edge cryptocurrency project on the Cosmos ecosystem. Comdex is an interchain DeFi infrastructure - a platform that builds and connects DeFi apps on the Cosmos ecosystem. There are numerous protocols and platforms on the Comdex, offering a wide range of services and opportunities to its community. Some of the products are live on mainnet, while others are still under development. The products include:

  • Enterprise Trading:
    This platform will allow its users to facilitate real-world trade financing using digital assets as collateral, thus providing its Enterprise users with readily accessible liquidity to meet their demands.
  • cAsset:
    cAsset is a synthetics protocol that will allow users to gain exposure to different synthetic assets whilst remaining on-chain.
  • SHIPFi:
    ShipFi will enable the collateralization of real-world assets as NFTs, utilizing the $SHIP token. ShipFi will facilitate the digitization of trade finance debt products.
  • Harbor Protocol:
    Harbor is the platform that enables users to mint the $CMST stablecoin by depositing safelisted assets.
  • Commodo:
    Commodo is a decentralised, open-source, IBC-native, collateralized lending-borrowing platform on Cosmos.
  • cSwap:
    cSwap is an IBC-enabled hybrid DEX built on the Comdex chain. cSwap uses AMM liquidity pools which bring cross-chain markets and limit orders to DeFi. Through this mechanism, cSwap will be a go-to platform for traders and arbitrageurs, enabling them to implement sophisticated trading strategies.

For a few months, cSwap, Commodo, and Harbor were live on testnet (test blockchain networks that act and perform similarly to the main networks (mainnets) they are associated with), but towards the end of 2022, they came live on mainnet.

The Journey so Far

  • Harbor: This was the first of the three to go live on mainnet. It has been live on mainnet since November 24, 2022. A walkthrough guide has been provided to guide users on how to deposit IBC Assets, mint $CMST using the various acceptable assets, earn interest on $CMST, and access other features like governance, auctions, vote, airdrops, stake, and rewards. To give back to the community, Harbor distributed 15% of its total supply (150 Million $HARBOR) in claimable $HARBOR (20%) and locked $veHARBOR (80%) as airdrop. Eligibility for the airdrop, tasks to carry out, and many more can be found in this blog post. Its tokenomics was released to give users an understanding of its token. There have also been multiple governance proposals in a bid to give users better experiences and opportunities in the platform. Harbor has been listed on DeFiLlama, making it easy to find its TVL and analytics. You can find it here.
  • cSwap: cSwap came live on mainnet on the 26th of November, 2022, making it possible for users to swap, trade, farm, and govern through their Interchain DEX. A walkthrough blog was provided to guide users on the functionalities of the DEX. The walkthrough guides users to trade/swap tokens, submit limit orders, cancel limit order, add liquidity, and take part in governance. Since Mainnet, there have been series of governance proposals for the community to vote and decide on key developments on the platform. The latest being Proposal #70 which is still live for voting. The proposal is to add liquidity mining incentives to cSwap pools: phase-6. cSwap has been listed on DeFiLlama, an open and transparent TVL and analytics aggregator. Visit this link to see cSwap analytics.
  • Commodo: This came live in January 2023, and offers a revolutionary solution with cPools and transit assets, providing users with secure, efficient, and deeply liquid money markets for the Interchain. A walkthrough blog was also provided to guide users on how to lend and borrow on the platform, repay debt and close debt position, participate in auctioning, and participate in governance. Commodo has also been listed on DeFiLlama. You can find out more about it here. There have also been series of governance proposals and voting on the platform, the latest being Proposal #74 which is still live. The proposal is to add the Interest and borrowing parameters of new assets on Commodo and update the auction parameters. For those eligible for Harbor airdrop, you can lend $CMST on Commodo platform to claim the final 20% of the Harbor airdrop.


Comdex and its products have been partnering with other protocols to provide the community with better services and opportunities. It is an ecosystem that has worked and continues working to leave an indelible mark and name in the crypto space.

About Comdex

Comdex develops possible solutions for the decentralization of finance (DeFi) and the democratization of commodities by handing investors the knowledge of a widened scope of asset classes with rewarding features.
For more information, and to stay connected with Comdex, you can use the links below:
Website | Twitter | Telegram | Medium




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