Arbitrum

DODO

Orbit

Layer3

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 <p class="paragraph">DODO (DODO), an on-chain liquidity provider, has unveiled the launch of DODOchain, an industry-first Omni-Trading Layer3 powered by Arbitrum Orbit, EigenLayer, and AltLayer.&nbsp;</p>
 <p class="paragraph">DODO<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> bridges Layer2 networks of Bitcoin (BTC) and Ethereum (ETH), consolidating liquidity from various <a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a>s into a unified platform.</p>
 <p class="paragraph">The vision behind DODOchain is to create a seamless, efficient, and secure ecosystem for cross-chain trading and liquidity sharing, enabling users to issue, trade, and manage their assets across different blockchains.</p>
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 <h2 class="wp-block-heading" id="h-dodo-s-exponential-growth">DODO’s exponential growth</h2>
 <p class="paragraph">The primary goal of DODOchain is to enhance trading opportunities for users by enabling token trading and restaking, all within a rollup-level liquidity layer.</p>
 <p class="paragraph">The inception of DODOchain was made possible by the success of DODO’s Proactive Market Maker (PMM) algorithm.</p>
 <p class="paragraph">Introduced in August 2020, the PMM algorithm significantly improved liquidity concentration around oracle prices, enhancing capital efficiency and exchange rates.</p>
 <p class="paragraph">The release of DODO V2 in February 202, with diverse liquidity pools and additional features like DODOX and Limit Orders, also helped expand DODO’s capabilities.&nbsp;</p>
 <p class="paragraph">Currently deployed on 14 blockchains, DODO has facilitated over $141 billion in total trading volume, with more than 24 million transactions and 3.31 million cumulative users.</p>
 <h2 class="wp-block-heading" id="h-a-more-streamlined-user-experience">A more streamlined user experience</h2>
 <p class="paragraph">Recognizing the ever-evolving nature of the block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> landscape, DODO identified challenges facing Layer2 solutions, such as fragmented liquidity, high costs, security risks, etc.</p>
 <p class="paragraph">With the increasing demand for cross-<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> transactions, the team saw the necessity for a transformative solution.&nbsp;</p>
 <p class="paragraph">Thus, DODOchain was envisioned as a solution to such challenges by providing an interconnected ecosystem across all chains.</p>
 <p class="paragraph">DODOchain, as a Layer3 solution, focuses on customized functions to overcome the limitations of Layer2 in terms of cross-chain interoperability.&nbsp;</p>
 <p class="paragraph">Acting as a bridge between different block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> ecosystems like Ethereum, BTC, and Solana (SOL), Layer3 facilitates the seamless flow of data and transactions.</p>
 <h2 class="wp-block-heading" id="h-enhanced-scalability-and-efficiency">Enhanced scalability and efficiency</h2>
 <p class="paragraph">By partnering withArbitrum Orbit, EigenLayer, and AltLayer, DODOchain ensures enhanced scalability, security, and interoperability.</p>
 <p class="paragraph">Arbitrum Orbit stands out for its solutions that allow developers to launch their own L2 or L3 Orbit chain on Arbitrum, enhancing scalability and efficiency while maintaining security guarantees.&nbsp;</p>
 <p class="paragraph">Leveraging Arbitrum Orbit, DODOchain aims to provide faster transaction execution, minimal gas costs, and higher returns for users.</p>
 <p class="paragraph">DODO<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> offers several <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a>, including Omni-<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> liquidity outposts, BTC L2 and ETH L2 connectors, and native staking yields.&nbsp;</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dodochain-pioneers-an-omni-trading-layer3-blockchain-fueled-by-arbitrum-and-altlayer-tbt86031.html">https://thebittimes.com/dodochain-pioneers-an-omni-trading-layer3-blockchain-fueled-by-arbitrum-and-altlayer-tbt86031.html</a></p>

DODOchain pioneers an Omni Trading Layer3 blockchain fueled by Arbitrum and AltLayer

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