DODO Review – Is DODO Exchange Scam or Legit? (Full Review)

DODO is a decentralized exchange (DEX) running on Ethereum and the Binance Smart Chain.


DODO is a decentralized exchange (DEX) running on Ethereum and the Binance Smart Chain.The DODO team created Proactive Market Maker (PMM), an oracle-aided algorithm with an advanced pricing formula that offers contract-fillable liquidity. Traders get lower slippage with PMM than with automated market makers (AMM). PMM leverages price oracles to retrieve accurate market prices for assets as input. It then aims to provide sufficient liquidity at or near the market price for every asset.

There are a number of distributed ledger systems now operational, but Uniswap has been the frontrunner. DODO Exchange is on the verge of becoming the decentralized exchange system the world needs by fixing the problems that plague Uniswap. This article examines DODO Exchange and discusses the revolutionary market shift toward excellence it has brought about.

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DODO Exchange has publicly stated its intent to acquire Uniswap's market share. Transferring authority could help resolve some of the issues at hand. The new management is working to improve liquidity without eradicating irreversible losses. A market-making algorithm will be used to implement the upgrade.The creators of DODO Exchange have developed a brand-new market maker algorithm called Proactive Market Maker (PMM). Together, these programs replace the Automated Market Maker (AMM) protocol that Uniswap and other decentralized trading platforms use. PMM is a novel program made to adapt to varying liquidity conditions in real-time by using shifting market factors.

DODO Exchange is what?

The Chinese government owns this decentralized financial institution (Defi). The Ethereum distributed computing platform is utilized. This new kind of exchange is revolutionizing the market thanks to its on-chain LP. In a decentralized economy, the system market maker is unique since it prioritizes price stability and increased liquidity.

In order to maintain sufficient liquidity, the PMM algorithm recouped its funds through market values. Due to price fluctuations, this liquidity frequently declines quickly. By incentivizing profitable arbitrage as a result of fluctuating market prices, DODO ensures that the liquidity provider portfolio is always up-to-date.

With this in place, you won't have to worry about any short-term price fluctuations, increased consumption of funds, price slippage, exposure to risk, or loss of value.

Costs Associated with Using the DODO Exchange

Almost all centralized systems out there now charge users a fee whenever they make a purchase. The makers and the takers each contribute to this price. Those who "make" are end-users who have listed assets in the order book in the hopes of finding buyers. The "maker fee" is what these individuals and organizations are charged. The takers, on the other hand, are the people who are actually willing to buy the assets listed in the order book. This demographic is responsible for paying taker fees. The maker and the taker are both charged the same flat rate for this service.

When using their platform, some decentralized systems don't even charge a fee for transactions. As a result, those distributed networks will soon be unable to pay their bills. DODO, on the other hand, is one of the decentralized exchanges that doesn't impose any fees on trades.

Fees for Withdrawal and Deposit

DODO Exchange, like other decentralized systems, does not currently charge any fees for making deposits or withdrawals. A user simply has to pay the network fee.

The market loses money on these costs. However, they are still generated as required payments to the applicable crypto/blockchain network. This charge may go up or down depending on the network's utilization.

Liquidity providers can deposit as many base tokens or quote tokens as they like on the DODO DEX. Your deposit amount is completely up to you. By depositing a single token, liquidity providers can choose the market mode that best suits their needs.

The revenue generated from network fees alone is insufficient to maintain such a system. In the realm of cryptocurrency withdrawals, it ranks below average.

Trading on DODO is more profitable because of the superior liquidity it offers compared to controlled exchanges (CEX). Smart contracts are taking advantage of an opportunity that transactions on the blockchain present. This is seen in practices like auctions and liquidations. DODO arbitrages also offer cost savings over trading platforms.

There is no limit deposit with DODO liquid providers, and many different types of liquid assets are accepted. LPs can create trading pairs, deposit tokens to hedge against price changes and earn money from transaction fees on the DODO exchange.

DODO follows the trend of other decentralized systems in that it does not yet permit direct deposits using fiat cash. A deposit of this size, however, is possible if you use a beginner-friendly exchange that deals in fiat currencies to acquire some cryptocurrency. There is a fee for making a trade on this platform.

DODO Exchange Application Programming Interface

You can trade between any two random tokens on the Ethereum Mainnet, Binance Smart Chain (BSC), Polygon, and Huobi ECO Chain (HECO Chain), and get paid in real time with the use of the DODO API. The smart contract relies on these inputs to carry out its intended network interactions.

The DODO exchange's creators have built a trading API inside the protocol's underlying smart contract. Due to the plug-and-play nature of the API integration process, this trade API is used on their platform to create various trading functionalities. The application programming interface of the system works by gathering and comparing data on a token's price from various liquidity providers. DODO v1, DODO v2, 1inch API, 0xAPI, ParaSwapAPI, expert market makers, and DODO's original aggregation algorithm are just some of the places you can find this information.

In contrast to centralized systems, which tend to have all of their servers in one place, DEX platforms tend to use servers located all over the world. With servers spread out in this way, anyone hacking attempt won't have a domino effect on the rest of the network. Because there is no downtime for hackers to sneak in, the risk is reduced further with this approach.

Your tokens are never sent to the DEX platform itself during an exchange. As a result, you are less likely to lose coins during a pause in the transaction. A token may be lost during an attack, unlike in a centralized system where all tokens are stored in a single location.

Constraints and Flow of Cash

According to, DODO had an estimated USD 66.4 million in trading liquidity as of this writing in 2021.

This makes the DODO exchange the ninth most liquid cryptocurrency exchange in the world over a 24-hour period.

There are more than 900 million (900,000,000) DODO tokens in circulation, and a total of 12 billion coins have been issued.

  • One billion DODO tokens will be issued.
  • Total DODO in Circulation as of Right Now: 140,000,000
  • 1,069,518 DODO in Launchpool tokens.
  • Conditions of Bet: There is no ceiling. There is no need for a KYC process.
  • DODO (ERC-20) Smart Contract Address.
  • DODO allocates money in the following ways:
  • 60% to local incentive programs
  • 16% for the backers
  • 15% to the core group, potential recruits, and advisers
  • Allocation of 8% to Business Marketing Partnerships
  • One percent is added to the initial cash injection (IDO).

Portfolios on the DODO Exchange

Trading platforms that offer a wide variety of instruments tend to attract more traders. With so many customization choices, the UI is intuitive and easy to use. By seeing the rates at which other coins are trading, users can gain valuable insight and experience.

This can open the user's eyes to new potential business ventures. There are a number of available platforms, DODO being only one of them. The platform supports a wide variety of coins, allowing users to easily switch between them when making trades.

Because there are so many options and the user interface is so straightforward, both seasoned traders and complete beginners can navigate the market with little to no guidance. The user is given unrestricted access to their funds and the freedom to invest them as they see fit thanks to the security measures in place. The system is relatively risk-free when compared to others.

DODO is an exchange that accepts cryptocurrency.

When compared to other cryptocurrencies, the DODO token is rising in popularity on crypto exchange platforms. You can use Bitcoin, Ethereum, USDT, or BNB in addition to fiat currency to buy these tokens. Bitcoin, Ethereum, USDT, and BNB can be obtained by traders from any major exchange that deals in fiat currencies. You can now start trading after transferring money to your DODO wallet.

Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB), and many more are all accepted on the platform. DODO has various stablecoins that are tied to the US dollar or the euro. You can use CoinEx, Kucoin, BW, HitBtc, Binance, or on the platform as well.

You can use your debit or credit card to buy Bitcoin, Ethereum, USDT, and BNB from an exchange. You can also pay with a bank transfer, which may be less expensive than using a debit or credit card but takes much longer to process.

Interface for DODO Exchange

A trading interface allows users of any trading platform to monitor market activity in real-time. All coins traded on the exchange are displayed in the interface. Displays current coin values, buy/sell options, and locations accepting liquidity orders in supported cryptocurrencies from market makers. Accessing the system's transaction history will display every single one that has ever been processed.

Just how safe is the DODO exchange?

DODO exchange is a decentralized exchange (DEX), which makes it more resistant to hacking attempts. There are, however, some dangers associated with this DEX, as there are with every DEX. The primary threats to the DODO exchange are outlined below.


When a trader's price moves up or down after you've placed your order, this is known as slippage. This is due to blockchain transactions being executed slowly, which happens frequently during times of significant market volatility.

Lack of liquidity is another typical cause of slippage. Slippage happens when the value of the illiquid assets in a trade exceeds the value of the liquid assets. Nonetheless, Uniswap has mitigated this threat by guaranteeing the availability of liquidity in all markets.

As a result of this enhancement, each trader has access to a disproportionately large amount of available liquidity. To accomplish this, we isolate the market from restraints that can otherwise significantly affect the availability of foreign exchange.

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Temporary Heartbreak

Most existing DEX exchanges are exposed to this danger. To prevent this from happening, the market needs an impartial third party. A neutral party like Chainlink will reveal its market price oracle. However, unlike epic oracle, Uniswap uses an internal method to determine prices. Because of this, the prices of assets on Uniswap may differ significantly from the pricing of the same assets on other platforms.

Short-Term Profit Equalizer

If the value of a token goes up or down, for instance, the coin won't immediately reflect that change. Due to the price discrepancy, arbitrageurs can now make a profit.

Because Uniswap gives traders the chance to acquire and sell assets at low prices, arbitrage is a prevalent form of risk connected with the platform. Except when used with the Uniswap pool, this procedure is harmless. Since the pool is not designed to prevent this kind of abuse, substantial but temporary losses may occur during transactions.

To avoid the involvement of arbitrageurs, the system maintains a stable value during periods of high price and volatility by rewarding users for staking their assets there.

Assistance to Clients

When you need help, the DODO exchange is there for you. Professionals in the crypto and blockchain industries staff the help desk. If a trader ever has a problem or needs assistance, they can reach out to this service at any time. You can check the interface's FAQ area to see whether something like this has already been addressed there. If not, you can stop hounding them about it and maybe they'll respond in a few months.

The exchange, like other DEXs, will never cold contact a user and ask for private information such as a password. In actuality, the service is unable to contact a user via telephone. You can manage your possessions at any time thanks to the mobile interface.

Contact customer support if you notice any unusual activity on your account, and they will deactivate it until the problem is resolved. The most common ways to contact customer care are:


Getting in touch with customer service in this way couldn't be easier. Send an email with a detailed description of your complaint and a link to your account so that your identity may be quickly verified.


Traders can follow the exchange on Twitter, where they will mostly find news and market updates. You may also find some frequently asked questions (FAQs) that can help you stay in compliance on the Twitter handle.


There is no telephone contact for the DODO exchange. But you can ask for this help by sending an email, and you should do so whenever you need to deactivate or reactivate your account. Before giving you the number, we need to verify a few details with you.


DODO is the next generational tool for decentralized exchanges, there is no doubt about that. For such suppliers, the risk of insufficient funds is no longer an issue. Thanks to the Proactive Market Maker technology that was implemented into the system, prices have stabilized and the level of liquidity has increased.

We can't function without their services. As a result of upgrades to the platform, traders now have access to enhanced functionality and security, including crowd pooling, IDO allocations, trader mining, NFT vaults, the DODO Vending Machine, and private liquidity pools.

The exchange is quick and trustworthy apart from those qualities. Anyone, regardless of prior trading expertise, can use the platform with success.

Since the DODO exchange's technology generates its token utilizing real-time markets, it is the innovation destined to eliminate the temporary loss and slippage experienced by most decentralized systems.



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