dango🍡

Dango is a perpetual DEX built on its own L1 with a DLP (dynamic liquidity provider) system that hedges liquidity effectively and protects retail users from bots and pro traders. The team is learning from Hyperliquid's successes and past crypto failures, implementing a CLOB system and focusing on speed, transparency, and user experience with deep liquidity and an intuitive interface. However, concerns have been raised about frequent maintenance downtime and accusations that the project is a copycat attempting to capitalize on Hyperliquid's momentum with unfulfilled airdrop promises.