DODO

DODO builds pools on its own proactive market maker model. Rather than letting the price depend only on the ratio of tokens in the pool, the algorithm leans on an external price reference and concentrates liquidity around it. The result is less slippage on the same capital than a plain formula gives.

The second feature is the option to create a pool from a single asset, with no pair. For a team that has just launched a token, this is a way to give the market liquidity without putting up half the amount in a second asset. The protocol is deployed on nine networks, from Ethereum and BNB Chain to Arbitrum, Base and Linea.