DODO
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…
Funding snapshot
About
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.
Business model
Cryptocurrencies > Financial Services > Investment Industry > Crypto Exchanges > Decentralized Exchanges
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