DODO is a next-level decentralized trading platform using the Proactive Market Maker (PMM) algorithm to provide on-chain liquidity for Web3 assets. Unlike traditional AMMs, DODO’s PMM boosts liquidity efficiency, cuts down on impermanent loss for liquidity providers, and offers competitive prices, setting it apart in the DeFi world.
PMM Algorithm: This algorithm adapts asset prices based on market conditions, ensuring balanced liquidity pools and reducing impermanent loss, providing better capital efficiency than other DEXs.