DODO (DODO)

DODO is currently trading at $0.1081, after a price change of 3.55% in the last 24 hours.

Ranked as cryptocurrency #358 by capitalization today, DODO market cap is valued at $46,898,856. DODO trading volume reached $8,437,306 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on DODO coin price prediction page.

What is DODO?

DODO is a decentralized exchange built upon Ethereum and Binance Smart Chain. The network uses oracles in a Proactive Market Maker model for ideal asset prices. DODO aims at using a single-token liquidity pool to cut impermanent loss and provide zero slippage. DODO’s SmartTrade is a decentralized liquidity aggregation software that provides the best swap rate between any two tokens.

The protocol operates an open-source Crowdpooling feature for on-chain market makers that curb front-running and bot inconveniences. DODO Vending Machine and Private pool enable users to develop their own market-making concepts. The platform also features Combiner Harvest Mining, which exposes DODO to high potential projects from the protocol’s partners.

DODO is the native token powering Dodo protocol. 110,551,965 DODO tokens are circulating from a total supply of 1,000,000,000 and a matching hard cap. The token is used to reward users who participate in trade mining. DODO is a governance token, and its holders get discounts on the trading charges. The protocol’s vDODO proof-of-membership coins enable users to earn dividends from trading transactions.

Diane Dai and Radar Bear founded DODO in 2020.