DODO is a DEX (Decentralized Exchange) launched on the Ethereum mainnet in August 2020, utilizing the innovative PMM algorithm to aggregate liquidity near the reference price, thus reducing trading slippage and improving capital efficiency. One of the protocol's distinctive features is the introduction of crowdfunding pool token issuance. In the highly competitive on-chain DEX sector, DODO has deployed its products on multiple chains, and its platform mechanism is friendly to professional market makers and project teams. It has already secured a place in the sector, ranking third in terms of trading volume.