DODO (DODO): What It Is, Uses and Risks

DODO is the token associated with DODO, a decentralized exchange (DEX) that the project describes as running on Ethereum and BNB Smart Chain. Its listed data shows it issued on several networks, including Ethereum, Near, Aurora, BNB Chain, Polygon and Arbitrum. It is not the native token of any single blockchain, since the data lists no native chain for it. The project's own description centres on a Proactive Market Maker (PMM), a trading design that uses price oracles to set liquidity near the current market price. The token is classed in data sources under DeFi, DEX and exchange tokens.

Based on the project description, DODO is tied to the DEX that uses the PMM pricing method. The method is meant to give traders lower slippage than a standard automated market maker (AMM) such as Uniswap, because the pool aims to hold liquidity close to the oracle price and thins out quickly as the price moves away from it. The public description does not spell out a full list of the token's uses, such as governance or fee rights, so readers should check the project's own documentation for those details rather than rely on this page.

At the time of writing, the data gives a circulating supply of 1 billion DODO, which matches the total and maximum supply figures listed. As of 2026-11-05, the approximate price was $0.022, a market capitalisation of about $22.0 million and a 24-hour trading volume of about $6.4 million. The token ranked 797th by market capitalisation on that date. Its all-time high was about $8.38 on 2021-02-20, and its all-time low was about $0.0130 on 2026-02-05. These figures change constantly and are shown only as a snapshot.

Because DODO is issued on several chains, holders should confirm which network their tokens sit on before sending or swapping, and should use the correct address for that network. Bridged or wrapped versions can behave differently from the original. Price moves can be sharp for a token of this size, and the data shows a 7-day change of about -10.5% and a 1-year change of about -14.1% at the time of writing. Smart contract risk, low liquidity on some venues and exposure to a single project's execution are all relevant. Store tokens in a wallet you control, keep your recovery phrase offline, and never share it with anyone.