A11 Crypto Startup Series - DoDo. The proactive AMM that mitigates impermanent loss for liquidity providers


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By Harvey Li. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

DoDo (https://dodoex.io), backed by Coinbase, Pantera and Binance, is solving Uniswap’s billion dollar problem. Uniswap has over $2billion liquidity staked to the platform. But almost all of it is suffering from impermanent loss that is far more than the trading fees generated. This inefficient use of capital is a major block to AMM’s efficiency.

Enter DoDo’s Proactive Market Maker, the smart AMM that takes Chainlink oracle price updates, concentrates liquidity around the market price and re-balances liquidity composition so that liquidity providers can always take out the same number of the tokens they put in.

In this episode I spoke with Diane Dai, the CMO, to look at the progress that has been made in making AMM’s far more efficient.

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32 episodes