Exchange DODO
If you're looking to swap DODO, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is DODO, or some fresh information about DODO’s price movements. And, of course, we provide you with multiple DODO exchange options so that you can choose the offer with the best rates and lowest DODO fees, as well as other parameters that suit you.
DODO price chart
Here you can see the current price of DODO, as well as DODO price history.
DODO price stats
To help you make a decision about exchanging your DODO, we gathered some cold hard numbers: DODO price chart and other stats, such as DODO market cap.
24H HIGH $0.05959077144768
MARKET CAP $54 586 225.736566894
CIRCULATING SUPPLY 995 989 104.366833 DODO
24H LOW $0.05293373956006
DODO PRICE $0.05480604707144
24H VOLUME $1 591 715.983398236
What is DODO?
DODO is a decentralized exchange (DEX) platform that utilizes the Proactive Market Maker (PMM) algorithm to provide on-chain liquidity. It was founded by Diane Dai, Mingda Lei, and Qi Wang, and officially launched on August 25, 2020.
Up-to-date DODO news
- July 23, 2024: The DODO community approved a proposal to allocate 10 million DODO tokens to incentivize BTC trading pairs on select chains, aiming to enhance liquidity and attract significant trading volume.
- April 24, 2024: DODO initiated a governance vote to migrate 200 million DODO tokens to the DODO Chain and redirect future protocol revenues to the treasury, marking a significant step towards decentralization.
- June 4, 2024: DODO experienced a 7.39% price surge, reaching $0.2191, attributed to the surpassing of $700 million in Total Value Locked (TVL) on DODOchain and ongoing platform innovations.
- January 17, 2025: DODO's current price is $0.1394, with a market cap of approximately $101.15 million and a 24-hour trading volume of $9.52 million.
- January 10, 2025: DODO announced plans to integrate with additional blockchain networks to expand its liquidity pools and user base, demonstrating a commitment to cross-chain interoperability.
Tokenomics of DODO
DODO operates on the Ethereum blockchain and issues the DODO token to facilitate governance, staking, and participation in its Crowdpooling and Initial DEX Offerings (IDOs). The total supply of DODO tokens is 1 billion, distributed as follows:
- 15% allocated to the team, new hires, and advisors
- 16% allocated to investors
- 1% allocated for initial liquidity provision (IDO)
- 8% allocated for operations, marketing, and partnerships
- 60% allocated to community incentives
Key features of DODO (DODO)
DODO distinguishes itself in the decentralized finance (DeFi) space through several innovative features:
- Proactive Market Maker (PMM) Algorithm: Utilizes oracles to gather accurate market prices, providing sufficient liquidity close to market prices and reducing slippage.
- SmartTrade: Facilitates trades between tokens on the same network by finding the best order routing from aggregated liquidity sources, ensuring optimal prices for traders.
- Crowdpooling: Allows projects to initiate liquidity markets and distribute tokens equitably, minimizing risks of frontrunning or bot interference.
- Initial DEX Offerings (IDOs): Enables new projects to raise funds with a free listing, promoting diverse token offerings on the platform.
Use cases for DODO
- Trading: Users can trade a variety of tokens with low slippage and competitive pricing.
- Liquidity Provision: Liquidity providers can deposit assets to earn fees, benefiting from the PMM algorithm's efficiency.
- Token Launches: New projects can utilize DODO's Crowdpooling and IDO features to distribute tokens and establish liquidity.
- Arbitrage Opportunities: Traders can exploit price differences between DODO and other exchanges, facilitated by the platform's accurate pricing.
The average fees on the DODO Network
DODO's PMM algorithm ensures highly accurate market prices and low fees. While specific gas fees can vary based on network conditions, DODO aims to provide a cost-effective trading experience compared to traditional Automated Market Maker (AMM) protocols.
The DODO token wallets
DODO tokens can be stored in various compatible wallets, including:
- MetaMask: A widely used browser extension wallet supporting Ethereum-based tokens.
- Ledger: A hardware wallet offering secure offline storage for cryptocurrencies.
- Trust Wallet: A mobile wallet providing support for multiple cryptocurrencies and tokens.
- Coinbase Wallet: A user-friendly mobile wallet with support for Ethereum-based assets.
- Binance Chain Wallet: A browser extension wallet supporting Binance Chain and Ethereum networks.
These wallets ensure secure storage and easy access to DODO tokens for various transactions.
Experience seamless DODO (DODO) swaps on SwapSpace. With competitive DODO (DODO) prices and a user-friendly DODO (DODO) converter, SwapSpace simplifies your trading experience. Stay informed with the latest DODO (DODO) news and monitor the DODO (DODO) price chart to make informed decisions. Start your DODO (DODO) exchange on SwapSpace today!
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A simple way to exchange DODO here at SwapSpace
Choose a pair
To help you make a decision about exchanging your DODO, we gathered some cold hard numbers: DODO price chart and other stats, such as DODO market cap.
Select the best rate
You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.
Transfer funds
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.
Frequently asked questions
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