DODO

DODO#718

Decentralized Exchange (DEX)Exchange-based TokensDecentralized Finance (DeFi)+16 more

$0.02

+0.00% 24h+13.89% 7d

Price

Extremes$0.01

$8.38

Market Data

Day

Open$0.02

High$0.02

Low$0.02

Market

Vol 24h$201.38K

Mkt Cap$19.79M

FDV$19.79M

Supply

Circ.1.00B DODO

Total1.00B DODO

Max1.00B DODO

About DODO

DODO is a Decentralized Exchange (DEX) running on Ethereum and Binance Smart Chain.  Developed by the DODO team, Proactive Market Maker (PMM) is an oracle-aided algorithm with an advanced pricing formula that provides contract-fillable liquidity. Traders get lower slippage with PMM than Automated Market Maker (AMM). PMM leverages price oracles to retrieve accurate market prices of assets as input. It then aims to provide sufficient liquidity near the market price for every asset. The result is that liquidity decreases rapidly when far away from the market price. The following graphs compare the price curves of DODO (PMM) and Uniswap (AMM).

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Links

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