DODO is a decentralized exchange (DEX) that operates on the Polygon network. It was founded in 2020 by Diane Dai and Radar Bear, who are both experienced blockchain developers. The exchange was created to address some of the issues that exist with traditional centralized exchanges, such as high fees, slow transaction times, and lack of transparency. DODO aims to provide a more efficient and user-friendly trading experience for cryptocurrency traders.

DODO launched in September 2020 and has quickly gained popularity among traders due to its unique features. One of the most notable features of DODO is its use of a unique pricing algorithm called the Proactive Market Maker (PMM). This algorithm helps to ensure that liquidity is always available on the platform, even during times of high volatility. Additionally, DODO offers a wide range of trading pairs, including some that are not available on other exchanges.

DODO is headquartered in Singapore, but it has a global user base. The exchange has received funding from several prominent investors, including Framework Ventures, DeFiance Capital, and Three Arrows Capital. DODO has also formed partnerships with other blockchain projects, such as Chainlink and Aave, to help improve the functionality of its platform. Overall, DODO is a promising decentralized exchange that is worth considering for traders who are looking for a more efficient and transparent trading experience.