2 months ago
1 min read
Binance Futures Launches DODO Perpetual Contract
Binance Futures has recently announced an exciting addition to its trading offerings: a new perpetual contract for DODO, a decentralized finance (DeFi) protocol, and a prominent on-chain liquidity provider. This innovative DODO/USDT perpetual contract is set to revolutionize trading opportunities and is slated for launch on August 8, 2023, allowing traders to utilize maximum leverage of 20x. DODO stands as a trailblazing DeFi protocol, with its primary objective being to enhance liquidity and promote price stability in contrast to traditional automated market makers (AMMs). The backbone of this advancement is its distinctive proactive market maker (PMM) algorithm, designed to replicate