DODO provides a decentralized exchange platform for cryptocurrencies using smart contracts and the Proactive Market Maker algorithm (PMM) to provide contract-based liquidity for traders and portfolio managers. The platform features tools to minimize risks for LPs and stabilize portfolios based on current market prices. Founded in 2020 in Hong Kong, China, the company has raised $5.6M in Series A funding from investors including Framework Ventures, Pantera Capital, and Binance Labs. It uses smart contracts to provide liquidity for trading platforms. It leverages the Proactive Market Maker algorithm (PMM) to provide contract-based liquidity for traders and portfolio managers. It features tools to minimize risks for LPs and adjust & stabilize portfolios based on current market prices.
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DODO
Series ADODO provides a decentralized exchange platform for cryptocurrencies using smart contracts and the Proactive Market Maker algorithm (PMM) to provide contract-based liquidity for traders and portfolio managers. The platform features tools to minimize risks for LPs and stabilize portfolios based on current market prices. Founded in 2020 in Hong Kong, China, the company has raised $5.6M in Series A funding from…
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Business model
Cryptocurrencies > Financial Services > Investment Industry > Crypto Exchanges > Decentralized Exchanges
Institutional investors
Hack VCFramework VenturesDeFiance CapitalSevenX VenturesRobvcMapleleafloanPantera CapitalThree Arrows CapitalCoinbaseGalaxyBinance LabsAlphaCoin FundRedline DAORepublic CapitalEZ Trust Capital
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