Diane Dai

Diane Dai is the Co-founder of DODO, a Decentralized Exchange (DEX) and cryptocurrency that aims to be a next-generation on-chain liquidity provider.[1]

She is also the founder of DeFi Labs, the first and biggest DeFi community in China.


Before Crypto

In an interview with the Delphi Podcast, she said before she got involved in crypto she was an intern at one of the famous venture capital based in China.[2]

Since 2017 she has been the Head of Marketing at DDEX, a user-friendly decentralized exchange for ERC20 tokens. DDEX is one of the first decentralized exchange built on Hydro Protocol technology, offering instant, real-time order matching with secure on-chain settlement.


Diane Dai founded DODO alongside Mingda Lei, and Qi Wang in August 2020. They have influenced China's DeFi community greatly.

She started the first and biggest DeFi community in China, running a WeChat subscription channel called DeFi Labs, and numerous other WeChat groups such as “DeFi The World,” the oldest of China-focused DeFi WeChat groups.

It was created to give educational articles and contents on DeFi to Chinese audience.[3]

DODO was launched publicly on August 25, 2020. It accepts liquidity providers’ assets and gathers funds near market prices to provide sufficient liquidity.

Also, so as to minimize counterparty risks for liquidity providers, DODO dynamically adjusts market prices to encourage arbitrageurs to step in and stabilize liquidity providers' portfolios.[4]

Currently DODO has grown and expanded with over 15 team members.

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Diane Dai

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Edited On

August 13, 2022


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