What is DODO?
DODO is an on-chain liquidity provider headquartered in China. It leverages the Proactive Market Maker (PMM) algorithm, which employs an advanced pricing formula to ensure contract-fillable liquidity. This innovative approach positions DODO as a key player in decentralized finance (DeFi), aiming to enhance the efficiency and reliability of liquidity provision on blockchain networks.
How much funding has DODO raised?
DODO has raised a total of $5M across 1 funding round:
Other Financing Round
$5M
Other Financing Round (2020): $5M, investors not publicly disclosed
What's next for DODO?
The recent major strategic investment suggests DODO is poised for significant expansion and development. This capital infusion will likely fuel further innovation in its PMM algorithm, enhance its market presence, and potentially support strategic partnerships. As an enterprise-level funding event, it indicates a strong belief in DODO's long-term viability and its capacity to scale its operations within the competitive DeFi landscape.
See full DODO company page
