About DODO
Trading Insights
Searched
3
Market Stats
Market Cap
$24.86M
-0.44%
FDV
$34.26M
Circ. Supply
726M DODO
Max Supply
1B DODO
Total Supply
1B DODO
Total Value Locked
$21.67M
Diluted Valuation
$34.29M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$3.09M
16.6%
Volume (7D)
$21.69M
Volume (30D)
$86.16M
All time high
$8.51
Price Change (1Y)
-72.08%
Additional details
Market details
DODO vs markets
↘ 82.73%
DODO vs BTC
↘ 83.86%
DODO vs ETH
↘ 81.9%
Tags
decentralized-exchange-dex-token
defi
binance-launchpool
binance-listing
+1
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x43Dfc4159D86F3A37A5A4B3D4580b888ad7d4DDd | |
BNB Smart Chain | 0x67ee3Cb086F8a16f34beE3ca72FAD36F7Db929e2 | |
Arbitrum | 0x69Eb4FA4a2fbd498C257C57Ea8b7655a2559A581 | |
Polygon | 0xe4Bf2864ebeC7B7fDf6Eeca9BaCAe7cDfDAffe78 |
Price history
Time | Price | Change |
---|---|---|
Today | $0.0344 | ↘ 0.38% |
1 Day | $0.0345 | ↘ 0.38% |
1 Week | $0.0360 | ↘ 4.86% |
1 Month | $0.0499 | ↘ 31.27% |
1 Year | $0.12 | ↘ 72.08% |
FAQ
DODO is a decentralized finance (DeFi) protocol and on-chain liquidity provider that utilizes a unique proactive market maker (PMM) algorithm. This algorithm strives to provide superior liquidity and price stability compared to other automated market makers (AMM). The PMM pricing mechanism, which simulates human trading, uses oracles to gather highly accurate market prices for assets. It then aims to ensure sufficient liquidity close to these prices to stabilize the portfolios of liquidity providers, reduce price slippage, and mitigate impermanent loss by allowing arbitrage trading as a reward. DODO also supports new crypto projects with an Initial DODO Offering (IDO), requiring issuers to only provide their own tokens. DODO operates as an ERC20 token on the Ethereum network.
DODO's PMM algorithm collects funds near market prices to establish enough liquidity, which decreases quickly the further the price moves from the market price. DODO automatically adjusts market prices to attract arbitrage, helping to keep liquidity provider portfolios stable. This results in more favorable pricing, higher fund utilization, and decreased price slippage. For traders, DODO aims to offer sufficient liquidity comparable to that of centralized platforms, which can be natively used by smart contracts for on-chain transactions such as liquidation and auctions. Liquidity providers can create their own trading pairs, provide their own tokens to mitigate price risk, and may receive a portion of DODO transaction fees as compensation.
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Social stats
Popularity in posts
#2574
Contributors
18
Posts
25
% About DODO
0.005%
Hold times
0 days
X (Twitter)
32.35% bullish
Sentiment
4.1 ★
Highlights
18 unique individuals are talking about DODO and it is ranked #2,574 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, DODO has an average sentiment score of 82 out of 5. Finally, DODO is becoming less newsworthy, with 0 news articles published about DODO.
On Twitter, people are mostly neutral about DODO. There were 32.35% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about DODO. 67.65% of tweets were neutral about DODO. These sentiments are based on 51 tweets.
On Reddit, DODO was mentioned in 0 Reddit posts and there were 0 comments about DODO. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.