Odos is a decentralized exchange (DEX) aggregator that enhances cryptocurrency trading by utilizing sophisticated smart order routing algorithms. Its primary objective is to unify fragmented liquidity across multiple blockchain protocols, ensuring users receive optimal rates with minimal gas fees. By integrating over 900 liquidity sources across 14 blockchain networks, Odos provides comprehensive coverage for a wide array of digital assets, including yield-bearing tokens.
Tokenomics
The native token of the Odos ecosystem is $ODOS, with a total supply of 10 billion tokens. The initial circulating supply at the Token Generation Event (TGE) was 1.6 billion tokens, distributed as follows:
- Retroactive Rewards: 1.1 billion tokens (11% of total supply), fully unlocked at TGE.
- Treasury: 500 million tokens (5% of total supply), with the remaining treasury tokens unlocking equally over 36 months.
The overall token allocation is divided equally between community and core contributors, each receiving 50% of the total supply. Notably, allocations for investors and core contributors are subject to vesting schedules to ensure long-term commitment and stability within the ecosystem.
Underlying Technology
At the core of Odos is its proprietary Smart Order Routing (SOR) algorithm, designed to identify the most efficient trading paths across numerous liquidity sources. This algorithm supports both simple and advanced market orders, as well as limit orders, providing traders with unparalleled flexibility and control. Additionally, Odos offers atomic multi-token swaps, enabling users to exchange multiple input tokens for multiple output tokens within a single transaction, thereby reducing gas costs and minimizing market volatility.
Supported Networks
Odos operates across multiple blockchain networks, including:
- Ethereum
- Arbitrum
- Base
- Optimism
- Linea
- Scroll
- Mantle
- zkSync Era
- Mode
- Polygon PoS
- Avalanche
- BNB Chain
- Fantom
This extensive network integration ensures users have access to a broad spectrum of assets and liquidity pools, facilitating seamless and efficient trading experiences.
Market Status of $ODOS Token
As of January 15, 2025, the $ODOS token is trading at approximately $0.029, with a 24-hour trading volume around $4.57 million. The circulating supply stands at 1.6 billion tokens, resulting in a market capitalization of approximately $46.9 million. The token has experienced a 2.91% price increase over the past 24 hours, though it has seen a 15.61% decline over the past week.
Investor Information
In August 2024, Odos completed a Series A funding round, attracting investments from notable entities such as:
- PAKA
- Uniswap Labs Ventures
- Mantle
- Orbs
- CE Innovation Capital
- Curved Ventures
While the exact amount raised was not disclosed, the participation of these prominent investors underscores confidence in Odos' innovative approach to decentralized finance.
Development Status
Odos has demonstrated significant progress in its development, with its smart contracts thoroughly audited to ensure security and reliability. The platform's codebase is actively maintained, with repositories available on GitHub for public review. Additionally, Odos offers a comprehensive suite of APIs and developer tools, facilitating seamless integration for partners and developers aiming to leverage its advanced trading functionalities.
Technological Innovation and Potential
Odos stands out in the DeFi landscape through its advanced SOR algorithm, which optimizes trading paths to deliver maximum value to users. Its support for atomic multi-token swaps and integration across numerous blockchain networks positions it as a versatile and efficient solution for both individual traders and institutional partners. By continuously enhancing its technology and expanding its network integrations, Odos is well-positioned to play a pivotal role in the evolution of decentralized finance.
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