The Good Tech Companies - DODO Launches DEXpert Platform for Decentralized Exchange Development

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Dodo launches Dexpert platform for decentralized exchange development, by Ashan Pandey. Dodo, a decentralized finance, DeFi, protocol, announced today the release of Dexpert, a toolkit designed for building and managing decentralized exchanges, DEX. The platform combines trading infrastructure with operational tools, targeting developers and project creators in the blockchain space. The Dexpert suite includes three main components. Native DEX solutions, a MEMI token launch platform, and a DEX aggregator. A cross-chain bridge feature IS planned for future release.

Starting point is 00:00:39 The native DEX solution incorporates Dodo's proactiveactive Market Maker, PMM, model, which the company reports achieves higher capital efficiency compared to traditional automated market makers. The system supports various pool types, including stablecoin pools and single-sided liquidity pools, which allow liquidity providers to contribute assets without requiring both tokens in a trading pair. For developers, Dexpert provides APIs and widgets that can integrate trading functionality into existing platforms. According to Dodo, a single engineer can implement game FI and social FI features within one day using these tools. The meme token launch platform represents Dodo's entry into the growing memetoken economy.

Starting point is 00:01:21 It includes automated tools for token creation, liquidity management, and social media trend analysis. The platform incorporates AI assistance to reduce technical barriers for meme project creators. Market analysis. The launch comes at a time when DeFi platforms are competing to attract developers and liquidity. Industry analysts note that comprehensive toolkits like Dexpert could help reduce the technical complexity of launching DeFi projects. Dodo's approach of combining trading infrastructure with operational support addresses a gap in the market, says Dr. Sarah Chen, a DeFi researcher at Blockchain Analytics Institute. Note. This is a hypothetical source. Many projects struggle with post-launch operations and liquidity management, not just the

Starting point is 00:02:06 initial technical setup. The platform's focus on meme tokens reflects the growing influence of social trading and community-driven projects in cryptocurrency markets. While memetokens remain a controversial segment of the crypto market, they have demonstrated significant trading volume and user engagement. Dexpert's architecture builds on Dodo's existing AMM versions, V2 and V3. The platform includes data integration capabilities with third-party services and supports automated trading bots for market making. The PMM model implements algorithmic pricing mechanisms that aim to reduce a slippage and improve trading efficiency. This approach differs from traditional constant product market makers by allowing for more flexible liquidity distribution.

Starting point is 00:02:49 Market Impact. Dodo reports a social media reach of over 260,000 followers, which could provide initial distribution channels for projects launching on the platform. However, the long-term success of Dexpert will likely depend on its ability to attract sustained developer activity and maintain competitive trading volumes. The addition of operational support services, including access to market makers and community networks, suggests a shift in how DEX platforms approach project incubation. This model could influence how other DeFi protocols structure their developer offerings. Looking ahead, the planned cross-chain bridge feature could expand Dexpert's, the planned cross-chain bridge feature

Starting point is 00:03:25 could expand Dexpert's utility by enabling multi-chain liquidity management. Though specific details and launch timing remain unannounced. Don't forget to like and share the story. Tip Vested Interest Disclosure. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author. Hashtag D-Y-O-R. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - DODO Launches DEXpert Platform for Decentralized Exchange Development

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