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DODO

DODO DODO Price $ 0.261

Rank: 385

1466 Watchlists

DeFi

DODO Price

0.261
0.72%
($ 0.00186)
Price Range
LowHigh
$ 0.254$ 0.264

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Funds and Backers

Description

DODO aims to be a next-generation on-chain liquidity provider, which leverages the Proactive Market Maker algorithm.

DODO (DODO) Chart

The DODO to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

DODO to USD Converter

DODO (DODO)DODO

IDO

Raised

$ 1.00M

Price:

$ 0.100

ROI:

2.61x  +161.4%

Platform:

N/A

ATH ROI:

84.21x  +8,321%

DODO Price Statistics

leaderboard

Market Cap

$ 163.53M

FDV

$ 261.35M

ATH Market Cap

$ 913.63M

24 Trade Vol.

$ 6.93M


Vol. (24h) / MCap

0.0424

Max Supply

DODO 1,000,000,000

Total Supply

DODO 1,000,000,000

Circulating Supply

DODO 625.70M

(62.6% of Max Supply)


Next Unlock

DODO 85.72M

(8.57% of Max Supply)

Listing Date

30 Sep 2020

IDO Price

$ 0.100

IDO ROI

161.4%

2.61x

All Time High

$ 8.42

20 Feb 2021


All Time Low

$ 0.0809

10 Jun 2023


From ATH

96.9%

From ATL

223.1%

DODO Price Analysis

What is DODO (DODO)?

DODO is a blockchain platform that operates as a decentralized exchange. It is powered by a Proactive Market Maker (PMM) algorithm. The platform claims to offer capital-efficient liquidity pools, as well as a suite of trading products including SmartTrade trading and aggregation, Crowdpooling, mining, and more. DODO features its own liquidity pools and facilitates trades between any two tokens on the market.

DODO is built on Ethereum and Binance Smart Chain, its native token is DODO.

What are DODO’s key features and how does it work?

As mentioned the DODO platform consists of a variety of useful trading tools. They are integrated with and can be accessed through various wallet apps. The first product is SmartTrade Trading and aggregation. DODO facilitates efficient trading between two tokens of the same network. It does this by sourcing the best order route and providing users with the most optimal prices from its aggregated liquidity sources. DODO traders are rewarded with DODO tokens if they participate in trade mining.

Another product is the platform’s crowd pooling/IDO functionality. This allows projects to distribute tokens and also start liquidity markets. DODO’s crowd pooling service ensures fair access to token offerings, and also provides a period of liquidity protection for added security whilst taking part in liquidity offerings.

Moving on from liquidity offerings, DODO platform liquidity providers have the flexibility to create and manage market-making strategies by utilizing DODO Vending Machine and DODO Private Pool. Users can therefore create and customize pools with parameters to suit their needs with the required liquidity markets and pricing curves. Examples of parameters that can be customized include mid-price, liquidity depth, and spread.

DODO also offers a unique Combiner Harvest mining option. Users have the opportunity to take part in the collaboration of DODO with trending projects. Projects which are vetted by DODO can create liquidity pools, and through Combiner Harvest mining, users can provide liquidity to these pools and earn DODO tokens as a reward. 

What is noteworthy about DODO?

Worth mentioning in further detail is the platform’s unique in-house developed Proactive Market Maker (PMM) model. It differs from non-constant function market maker models since parameters including asset ratio and curve slope can be set. Additionally, the technology allows for the introduction of an oracle machine that can guide prices, or price discovery, directly on the chain. The oracle can also collect funds near the market price and provide sufficient liquidity for pools.

Essentially, the PMM algorithm resembles an on-chain generalization of order book trading, specifically adapted for blockchain operations.

What can DODO be used for?

The DODO token entitles holders to a role in DODO governance. Holders also receive trading fees and IDO participation allocations.

Where can you buy DODO?

DODO is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, HitBTC, and Lbank. The price of DODO will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for DODO market price, please view the price charts on this page.

DODO Price Today

DODO's current price is $ 0.261, it has increased +0.72% over the past 24 hours.

DODO's All Time High (ATH) of $ 8.42 was reached on 20 Feb 2021, and is currently -96.9% down.

The current circulating supply of DODO is 625.70 Million tokens, and the maximum supply of DODO is 1.00 Billion.

DODO’s 24 hour trading volume is $ 6.93 Million.

DODO's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 163.53 Million.

You can find more details about DODO on its official website and on the block explorer.

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