DODO aim to provide greater on-chain liquidity and reduce impermanent loss compared to AMM exchange protocols.
- Founded 2020
- Decentralized Exchange Protocol
About DODO Exchange
The DODO exchange allows users to trade Crypto through a liquidity protocol that is powered by their Proactive Market Maker (PMM) algorithm. It is an oracle-aided algorithm with an advanced pricing formula that provides contract-fillable liquidity, designed to maximize efficiency and reduced price slippage compared to decentralized exchanges that use an automated market maker (AMM) model. Another relative advantage of the DODO exchange is that it give liquidity providers greater flexibility.