# DODO > Your On-Chain Liquidity Hub DODO is a decentralized exchange and liquidity protocol built on its Proactive Market Maker algorithm. It lets users swap tokens, provide liquidity, route trades across chains and launch new tokens on multiple EVM networks. DODO is a decentralized exchange and on-chain liquidity protocol that runs on multiple EVM networks. It offers swaps, liquidity pools, cross-chain trading and token launch tools from one web app. Its pools use the Proactive Market Maker (PMM) algorithm, which concentrates liquidity near a reference price. DODO V1 pools offer single-sided liquidity around an oracle price and hold DODO's stablecoin pools. DODO V2 pools can be created permissionlessly, with separate pool designs for long-tail tokens, mainstream tokens and stablecoins. DODO V3 lets strategy providers run off-chain market-making strategies on pooled funds, posting collateral and paying liquidity providers a guaranteed rate. DODO X routes same-chain and cross-chain swaps across DODO pools, other DEXs, third-party aggregators and bridges, with limit orders. The DODO Toolbox adds token creation, liquidity mining and Crowdpooling token launches, while a Trading API and widget serve developers. DODO is used by traders, liquidity providers, market makers, token projects and developers. - Type: Company - Sector: Finance - Status: Active - Founded: 2020-09-01 - Profile: https://thegrid.id/profiles/dodo ## Products - [DODO V1/V2](https://thegrid.id/profiles/dodo): DODO V1/V2 are the Proactive Market Maker pool versions of DODO. V1 pools concentrate liquidity around an oracle price, let liquidity providers deposit a single asset and hold DODO's stablecoin pools. V2 pools can be created permissionlessly, with Vending Machine pools for long-tail tokens, Private Pools for mainstream tokens and Stable Pools for stablecoins. (Decentralised Exchange, Live, Main Product) - [DODO V3](https://thegrid.id/profiles/dodo): DODO V3 is a liquidity vault in which liquidity providers supply funds and strategy providers run market-making strategies on them. Strategy providers post collateral, can run strategies off-chain and adjust depth, price and fees, and pay liquidity providers a guaranteed rate that rises with utilization. One V3 pool holds many tokens with separate bid and ask liquidity, which makes rebalancing cheaper in gas. (Decentralised Exchange, Live) - [DODO X](https://thegrid.id/profiles/dodo): DODO X is the trading aggregator of DODO for same-chain and cross-chain swaps. It routes orders across DODO pools, other DEXs and quotes from third-party aggregators, and combines several bridges for cross-chain routes. Users get slippage forecasts and limit orders, and developers can integrate it through the Trading API and widget. (DEX Aggregator, Live) - [Crowdpooling](https://thegrid.id/profiles/dodo): Crowdpooling is the token launch tool of DODO, combining crowdfunding with a liquidity pool. Project owners set an offering price, token cap and campaign window, and participants stake capital and claim tokens at the offering price, with excess capital refunded pro rata. When the campaign ends a public DODO pool opens at that price, and a liquidity protection period stops the creator from withdrawing. (Launch Pad, Live) - [DODO Trading Widget](https://thegrid.id/profiles/dodo): DODO Trading Widget is a developer tool that embeds DODO X same-chain and cross-chain swaps into other applications. Developers add it through the DODO Developer Portal, alongside the Trading API, without building a trading interface themselves. Integrators can share in the trading fees routed through it. (Developer Tooling, Live) ## Assets - [DODO (DODO)](https://thegrid.id/profiles/dodo): DODO is the governance token of the DODO decentralized exchange deployed on multiple blockchains. It is used to vote on protocol proposals and access priority allocations in IDOs and Crowdpooling events. Holders can convert DODO into vDODO to receive dividends from trading fees and membership rewards. (Governance) ## Links - [Main](https://dodoex.io) - [Media Kit/branding](https://docs.dodoex.io/en/home/media-kit) - [Governance](https://app.dodoex.io/gov/dao?network=mainnet) - [Documentation](https://docs.dodoex.io) - [Blog](https://blog.dodoex.io) - [Terms of Service](https://docs.dodoex.io/en/home/terms-of-service) - [GitHub](https://github.com/DODOEX) - [Twitter / X](https://x.com/BreederDodo) - [Twitter / X](https://x.com/DodoResearch) - [Telegram](https://t.me/dodoex_official) ## Legal This data is provided under two licensing models. Model 1 - open data. 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