0x vs Blocknet vs DODO Exchange
What problem does this service solve?
0x is designed to serve as a decentralized exchange for the Ethereum blockchain. The protocol uses Ethereum smart contacts that allow users to participate in a decentralized exchange, while adopting certain features of centralized exchanges. | Blocknet's protocol connects different blockchains and enables transactions of value through their decentralized exchange. | DODO aim to provide greater on-chain liquidity and reduce impermanent loss compared to AMM exchange protocols. |
Token Stats
Company Description
0x is a decentralized exchange built on the Ethereum blockchain that allows for ERC20 tokens to be traded. 0x hopes to serve as a building block for creating decentralized exchanges. | Blocknet is a cross-chain protocol for inter-chain transactions and a decentralized exchange. It is primarily focused on connecting blockchain networks, but is also developing a decentralized exchange to enable trade digital assets across separate blockchains. It is meant to connect the growing number of blockchain projects and make them inter-operable. Blocknet uses a Proof-of-Stake (PoS) consensus mechanism that has three different types of nodes to verify transactions. The network is powered by the BLOCK coin. | 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. |