DODO: How to Break Liquidity Barriers in the Multi-Chain Era of DEX

As the blockchain ecosystem moves towards multi-chain prosperity today, liquidity fragmentation has become a core pain point affecting trading experience. DODO, as an innovative decentralized trading platform, is exploring how to integrate cross-asset trading across Bitcoin and Ethereum ecosystems through DODOchain technology. Currently, DODO is priced at $0.02, with a 24-hour decline of -3.70%, a circulating market cap of $18.70M. The strategic significance of this project far exceeds its market performance reflected value.

DODOchain: A Unified Solution for Multi-Chain Liquidity

In April 2024, DODOchain officially launched. This is not just a routine product release but a redefinition of DODO’s mission. By integrating liquidity from Bitcoin Layer 2 and the Ethereum ecosystem, DODO breaks the limitations of single-chain trading. The platform now supports 14 mainstream blockchain networks, with a total trading volume of $14.1 billion, attracting 3.31 million users worldwide.

DODOchain adopts a three-layer core architecture: the DODO Core Trading Engine handles cross-chain price optimization, Trusted Bridges ensure secure and efficient cross-chain transactions, and Layer3 architecture leverages cutting-edge technologies like Arbitrum Orbit and EigenLayer to guarantee transaction speed and security. The goal of this system is to enable users to trade assets across different blockchains smoothly without understanding the underlying complexity.

PMM Algorithm and DODO X: Invisible Protection for Traders

DODO’s core competitiveness stems from its proprietary PMM (Proactive Market Maker) algorithm. Unlike traditional AMMs relying on constant product models, PMM concentrates liquidity near oracle prices, significantly reducing slippage and impermanent loss while improving capital efficiency. This innovation is especially effective in stablecoin trading, saving users substantial transaction costs.

In the evolution from V1 to V3, DODO has gradually refined its products: V1 focused on stablecoin liquidity, V2 introduced the concept of customizable liquidity pools, and V3 launched complex strategies and yield-sharing mechanisms for professional traders. DODO X, as a routing aggregator, can connect to major DEXs like Uniswap, ensuring users always get the best prices.

Complete Ecosystem Loop for Cross-Chain Trading

DODO’s trading process is designed with remarkable sophistication. After users select assets and trading amounts, the DODO Core Trading Engine calculates the optimal route and price. Trusted Bridges then choose the safest and most efficient cross-chain path, with dual protection from EigenDA and AVS validators to ensure asset security. Finally, settlement occurs on the target chain. This process simplifies complex cross-chain transactions into a single click.

With the emergence of Bitcoin Layer 2 tokens like lBTC, fBTC, tBTC, DODO is positioning itself as a primary trading hub for these emerging assets, while also supporting the trading of yield tokens and points, creating a comprehensive multi-chain trading ecosystem for users.

DODO Token: A Dual Role in Governance and Incentives

The DODO token plays a dual role in governance and incentives within the ecosystem. Holders can participate in platform governance voting, enjoy trading fee dividends, and gain participation rights in Initial DEX Offerings (IDOs) and Crowdpooling. The token has been deployed on mainstream chains such as Ethereum, BNB, and Arbitrum, covering the entire DeFi ecosystem.

The community has proposed transferring 2 million DODO tokens to DODOchain to promote Total Value Locked growth and user expansion, while also bringing future revenues into the community treasury to strengthen DODO’s decentralized governance foundation.

Opportunities and Challenges for DODO in the Multi-Chain Era

DODO’s strategic position stems from its accurate grasp of the multi-chain future. As Bitcoin ecosystem opens up and various Layer 2 solutions gather, trading fragmentation has become an established fact. DODO chooses to innovate technologically to unify rather than ignore this fragmentation. This strategic positioning allows the platform to collaborate deeply with more protocols and funds, exploring new market opportunities.

Looking ahead, DODO’s roadmap is clear: strengthen multi-chain aggregation capabilities through DODOchain, attract more emerging assets and users, and ultimately establish its core position in the multi-chain DeFi ecosystem. This is not only a technological evolution but also a rethinking of the entire blockchain trading paradigm.