Overview
What is Dango?
Dango is a decentralised exchange on the blockchain that lets you trade spot, perpetual futures, and passive yield vaults, all with the same margin accounts. It has its own L1 chain and a fully on-chain central limit order book (CLOB), which means fast execution, tight spreads, and capital-efficient leverage without the problems that come with having multiple accounts.
Hack VC and Lemniscap led the project’s $3.6 million seed round in November 2024. Delphi Ventures and Cherry Ventures also took part. Dango has passive market-making vaults in addition to active trading. Users who don’t want to trade can put money into these vaults and earn a share of protocol fees and points each epoch.
Key Points
- Distribution: 50% of the total supply
- How it is distributed: based on points (trading volume, vault deposits, referrals)
- Date of TGE: Q4 2026
Participation Guide
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Step 1: Go to the Dango Platform
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Step 2: Deposit USDC
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Step 3: Trade Spot or Perpetuals
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Step 4: Deposit into the Market-Making Vaults
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Step 5: Keep an eye on Epochs and open Lootboxes
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Step 6: Get your referral link