What is an IDO?

An initial DEX offering (IDO) is a fundraising event where a new token launches directly on a decentralized exchange instead of through a centralized platform or traditional ICO. Projects typically provide liquidity to a pool, set initial pricing, and allow users to buy the token permissionlessly using another cryptocurrency. Because anyone can participate, IDOs can create fast, volatile price action. Reputable launches emphasize audits, fair distribution, and clear communication about vesting, utility, and roadmap.

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