Invest ideas
DODO | DODO
$0.01518
Coin info
Rank
#980
Market Cap
$15,219,537
Volume (24h)
$9,069,040
Circulating Supply
1,000,000,000
Total Supply
1,000,000,000
Do you think the price will rise or fall?
Rise 40%
Fall 60%
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).
Price perfomance
Depth of Market
Depth +2%
Depth -2%
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