DODO is a relatively new DEX but it is still among the biggest decentralized exchanges. DODO has a different algorithm compared to opponents. Most of the DEXes use AMM (automated market maker), but DODO uses PMM (Proactive Market Marker). DODO DEX is built on Ethereum and Binance Smart Chain blockchains. DODO tokens are used as utility and governance tokens on the platform. A high supply of DODO tokens suppresses the price.
With a total market cap of over $49.5 million, DODO is the No. 339 cryptocurrency by market size. The currency symbol for DODO is DODO. DODO is the token issued by the Dodo platform. There will only ever be 1 billion DODO tokens issued. So far 409 million tokens (40.9% of the total supply) have been issued. We found savings accounts offering up to 2.69% APY on DODO deposits and loans as low as 11.7% APY against DODO used as collateral. Check out our DODO staking yields table and for further details.
The technical price analysis for DODO below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of DODO.
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