1inch Token vs DODO Exchange vs 0x
What problem does this service solve?
1inch allows traders to find the best rates across multiple exchanges. | DODO aim to provide greater on-chain liquidity and reduce impermanent loss compared to AMM exchange protocols. | 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. |
Token Stats
Company Description
The 1inch token is used as a governance token for the 1inch network, which is a decentralized exchange (DEX) aggregator that connects multiple DEXes into one platform, and allows its users to find the most efficient swapping routes across all platforms. 1inch allows traders to source the best liquidity options and rates from different exchanges without having to check them manually. | 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. | 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. |