Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
Private | $5M | $50M | Oct 12, 2020 | |
Seed | $1M | $10M | Aug 29, 2020 |
Project | Funding Status | Region | Categories | Ecosystem | Founded | Token Issuance |
---|---|---|---|---|---|---|
![]() | Chinese Mainland | Uniswap V3 Ecosystem DeFi | Solana Ethereum Polygon BNB Chain Arbitrum | Jan 01, 2021 | With Token | |
![]() | Seed | Chinese Mainland | Arweave Ecosystem Infra | Jan 01, 2020 | No Token | |
![]() | SocialFi Social | Polygon BNB Chain Avalanche | Jan 01, 2021 | No Token | ||
![]() | Seed | Creator Economy | Moonbeam Aurora Ethereum Optimism Polygon BNB Chain Moonriver Avalanche PlatON Harmony | No Token |
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).