{"id":"odos","title":"Odos","content":"**Odos** is a [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange) (DEX) aggregator that uses a proprietary Smart Order Routing (SOR) algorithm to optimize token swaps across multiple blockchain networks.  [\\[3\\]](#cite-id-YaW0uITPUu)​[\\[4\\]](#cite-id-omNNZLJj0t) \n\nIn July 2026, the operating company behind Odos announced it would wind down its operations and permanently shut down the Odos application and related services, while the protocol’s non-custodial architecture and the on-chain ODOS token continued to exist independently. [\\[12\\]](#cite-id-5NhJGibH3virqW8Z)​[\\[13\\]](#cite-id-BcYI8uH8B7TRN13J) \n\n## History\n\nOdos was developed by Semiotic Labs, an organization specializing in artificial intelligence, cryptography, and [blockchain](https://iq.wiki/wiki/blockchain) technologies. Semiotic Labs is also a core contributor to The Graph protocol, focusing on AI-driven query optimization and cryptographic security.\n\nThe platform was launched in April 2022 and introduced several updates in 2024, including limit orders, a loyalty program, and the governance token ODOS. By the end of 2024, Odos had facilitated $53 billion in trading volume and onboarded 2.7 million wallets. [\\[1\\]](#cite-id-ZU6dPv8YE1) [\\[2\\]](#cite-id-lcRKn3Yu0f) [\\[3\\]](#cite-id-YaW0uITPUu) [\\[4\\]](#cite-id-omNNZLJj0t) [\\[6\\]](#cite-id-bhelM2mL4K) [\\[7\\]](#cite-id-gC1g7PyLHw) [\\[9\\]](#cite-id-YU6X4HT89j) [\\[10\\]](#cite-id-75RZu12hkp)​\n\n## Technology\n\n#### Smart Order Routing (SOR)\n\nOdos uses a proprietary SOR algorithm that searches for trading routes across [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) and [liquidity pools](https://iq.wiki/wiki/liquidity-pool). The algorithm considers non-linear paths to optimize swap routes.\n\n**Key features include:**\n\n* **Multi-token atomic swaps**: Swaps involving multiple input and output tokens within a single transaction.- **Gas cost optimization**: A balance between route complexity and transaction fees.- **Rate execution**: Some order types provide predetermined rates without hidden costs.- **Cross-chain routing**: Support for transactions across different blockchain ecosystems.\n  Odos is a permissionless and non-custodial protocol, ensuring that users retain control of their assets. The [smart contracts](https://iq.wiki/wiki/smart-contract) have undergone audits by [blockchain](https://iq.wiki/wiki/blockchain) security firms, including Zellic and Halborn, as of 2024.\n  Odos aggregates liquidity from decentralized exchanges and [automated market makers](https://iq.wiki/wiki/automated-market-maker) (AMMs). It is compatible with [Ethereum](https://iq.wiki/wiki/ethereum), [Polygon](https://iq.wiki/wiki/polygon), [Arbitrum](https://iq.wiki/wiki/arbitrum), [Optimism](https://iq.wiki/wiki/optimism), [Avalanche](https://iq.wiki/wiki/avalanche), Binance Smart Chain, and additional blockchain networks, covering over 55,000 [DeFi](https://iq.wiki/wiki/defi) assets.  [\\[3\\]](#cite-id-YaW0uITPUu) [\\[4\\]](#cite-id-omNNZLJj0t) [\\[5\\]](#cite-id-lViCm3ulow) [\\[6\\]](#cite-id-bhelM2mL4K) [\\[8\\]](#cite-id-kA428ECPEo) [\\[9\\]](#cite-id-YU6X4HT89j)\n\n## Governance\n\nIn December 2024, Odos introduced the ODOS [governance token](https://iq.wiki/wiki/governance-tokens) on the [BASE](https://iq.wiki/wiki/base) blockchain, designed for governance and incentives within the ecosystem.\n\n**Token Distribution:**\n\n* **Total Supply:** 10 billion $ODOS- **Community Allocation:** 50%, including loyalty rewards and retroactive airdrops- **Core Contributors and Investors:** 50%, subject to vesting periods between 24 and 48 months\n  ODOS holders can participate in the Odos DAO, which facilitates governance proposals and voting on protocol developments.\n\n### Loyalty Program\n\nThe Odos Loyalty Program distributes rewards based on platform activity. Rewards are issued in ODOS tokens and structured through a tiered system.\n\n**Program Highlights:**\n\n* **Epoch-based rewards:** Distributed at 30-day intervals.- **Tiered incentives:** Increased trading volume corresponds to higher rebate percentages.- **Retroactive rewards:** Initial token distribution included early adopters.- **Trading rebates:** Rebates vary based on trading activity and loyalty tier.\n\n### Odos DAO\n\nThe Odos DAO is responsible for overseeing the protocol’s development and strategic direction. Governance mechanisms include:\n\n1. **Protocol modifications and upgrades;**\n2. **Community-driven incentive programs;**\n3. **Treasury and resource management;**\n4. **Partnership and network expansion decisions.**\n\nGovernance proposals are determined through on-chain voting, aiming to ensure decentralization and transparency.  [\\[4\\]](#cite-id-omNNZLJj0t) [\\[7\\]](#cite-id-gC1g7PyLHw) [\\[9\\]](#cite-id-YU6X4HT89j)​\n\n## Odos Operating Company Announces Wind-Down of Operations\n\nOn July 23, 2026, the operating company behind Odos announced that it would wind down its operations and permanently discontinue all Odos services following an internal decision. The company stated that the Odos application would transition to read-only mode on July 27, 2026, before all services were permanently shut down on July 30, 2026. [\\[12\\]](#cite-id-5NhJGibH3virqW8Z) \n\nAs part of the shutdown process, existing users were able to continue swapping assets and closing positions until the application entered read-only mode. However, the platform immediately disabled new account registrations, new wallet creation, and the placement of new limit orders.\n\nBetween July 27 and July 30, users retained read-only access to the application, allowing them to review transaction histories and wallet balances. After July 30, all Odos-operated services will be discontinued, with the company confirming there would be no further product development, customer support, or maintenance. [\\[13\\]](#cite-id-BcYI8uH8B7TRN13J) \n\nThe company emphasized that Odos is a non-custodial protocol, meaning user assets remained on-chain and under users’ control throughout the shutdown. Users who had created wallets using Odos’ social or email login features were instructed to either transfer their assets to another wallet or export their private keys before the July 30 shutdown. The company also stated that wallet access instructions would remain available through its official resources after the platform ceased operations.\n\nOdos further clarified that the ODOS token exists independently on-chain and is not controlled, custodied, or market-made by the operating company. As a result, the company’s closure would not affect the token’s underlying on-chain mechanics. \n\nThe team also noted that the Odos DAO operates independently from the company and would communicate its own future plans separately. The announcement explicitly stated that it should not be interpreted as an indication of future protocol development. [\\[13\\]](#cite-id-BcYI8uH8B7TRN13J) \n\nIn addition, the company warned users about potential scams during the shutdown process. It stressed that there would be no new Odos products, token migrations, token claims, or [airdrops](https://iq.wiki/wiki/airdrop), and cautioned users against fraudulent direct messages, fake support accounts, phishing websites, or any requests to share seed phrases or sign malicious transactions. The company advised users to rely only on official Odos DAO communications for any future protocol-related announcements.  [\\[12\\]](#cite-id-5NhJGibH3virqW8Z) [\\[13\\]](#cite-id-BcYI8uH8B7TRN13J) ","summary":"Odos is a decentralized exchange aggregator that uses a Smart Order Routing algorithm to optimize token swaps across 14 blockchains. Launched in 2022, it suppor...","images":[{"id":"QmQkDvB4W3Lfvxnu45LwwzKTgrodZspCBng9f8U8oN7DyA","type":"image/jpeg, image/png"}],"categories":[{"id":"exchanges-and-marketplaces","title":"Exchanges & Marketplaces"}],"tags":[{"id":"DEX"},{"id":"Infrastructure"}],"media":[{"id":"QmdzvX3U7ugvR6r4fxa3rwAVH5o3vbgYiftmmmyT2RPpjV","size":null,"name":"6Q9B4LQ52fffnvHNOw2WY.jpg","type":null,"source":"IPFS_IMG"},{"id":"QmUnfAtdu1jmirxyEv7XKYwRKvJMzk1PCq1ajQgPo2dT7q","size":null,"name":"odos-249x225.webp","type":null,"source":"IPFS_IMG"},{"id":"QmfXUpZrX333i7xmroxGay9SHMjJ8ucS5kc4A5bBUeUXQZ","size":null,"name":"odos-logo-orange-symbol-only.png","type":null,"source":"IPFS_IMG"},{"id":"QmWPuwGvffJV4pjEuUSWfmFfv5K9uweBpTXmgLZLdbTNrP","size":null,"name":"odos.DIu8FljY_24UQWi.webp","type":null,"source":"IPFS_IMG"},{"id":"QmSZrh5vkEMqSn7SaFNCoHbZ56oonce37hmGc167z2ozeo","size":null,"name":"images.jpeg","type":null,"source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=qC8Ry-YOZZs","size":null,"name":"qC8Ry-YOZZs","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"website","value":"https://www.odos.xyz/"},{"id":"discord_profile","value":"https://discord.gg/odos"},{"id":"twitter_profile","value":"https://twitter.com/odosprotocol"},{"id":"telegram_profile","value":"https://t.me/OdosProtocol"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/odos/"},{"id":"contract_url","value":"https://basescan.org/token/0xca73ed1815e5915489570014e024b7EbE65dE679"},{"id":"medium_profile","value":"https://medium.com/@odosprotocol"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/odos-xyz"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/odos"},{"id":"references","value":"[{\"url\":\"https://www.panewslab.com/en/articledetails/xp2fo48e.html\",\"description\":\"https://www.panewslab.com/en/articledetails/xp2fo48e.html\",\"id\":\"ZU6dPv8YE1\",\"timestamp\":1739470815241},{\"url\":\"https://www.youtube.com/watch?v=qC8Ry-YOZZs\",\"description\":\"ODOS - the optimal DEX Aggregator for token swaps\\n\",\"id\":\"lcRKn3Yu0f\",\"timestamp\":1739470884601},{\"url\":\"https://www.odos.xyz/\",\"description\":\"Website: Odos\",\"id\":\"YaW0uITPUu\",\"timestamp\":1739471186871},{\"url\":\"https://medium.com/odosprotocol\",\"description\":\"Medium: Odos\",\"id\":\"omNNZLJj0t\",\"timestamp\":1739471221509},{\"url\":\"https://www.f6s.com/company/odos-protocol\",\"description\":\"Odos Protocol\",\"id\":\"lViCm3ulow\",\"timestamp\":1739471256702},{\"url\":\"https://www.linkedin.com/company/odos-xyz/\",\"description\":\"LinkedIn: Odos\",\"id\":\"bhelM2mL4K\",\"timestamp\":1739471277642},{\"url\":\"https://help.galxe.com/en/articles/8609941-protocol-growth-odos\",\"description\":\"Protocol Growth: Odos\\n\",\"id\":\"gC1g7PyLHw\",\"timestamp\":1739471300609},{\"url\":\"https://learn.bybit.com/en/defi/what-is-odos-crypto/\",\"description\":\"Odos (ODOS): Simple and Secure Multichain Swaps\\n\",\"id\":\"kA428ECPEo\",\"timestamp\":1739471331989},{\"url\":\"https://getblock.io/marketplace/projects/odos/\",\"description\":\"What is Odos?\\n\",\"id\":\"YU6X4HT89j\",\"timestamp\":1739471506674},{\"url\":\"https://semiotic.ai/history\",\"description\":\"Company history\\n\",\"id\":\"75RZu12hkp\",\"timestamp\":1739471540175},{\"url\":\"https://www.crunchbase.com/organization/odos\",\"description\":\"Church Base: Odos\",\"id\":\"CRMyTC8n9s\",\"timestamp\":1739471563141},{\"id\":\"5NhJGibH3virqW8Z\",\"description\":\"Odos Protocol to shut down, gives users until July 30 to withdraw assets\",\"timestamp\":1785172479214,\"url\":\"https://cointelegraph.com/news/odos-protocol-shut-down-4-years\"},{\"id\":\"BcYI8uH8B7TRN13J\",\"description\":\"Odos Protocol to shut down - X\",\"timestamp\":1785172509770,\"url\":\"https://x.com/odosprotocol/status/2080337624922018014?s=20\"}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmepDJcXBMvhFfS2mdMcQg1g3m7wHDyo7ctMMFCrTDu7Qw\""},{"id":"commit-message","value":"\"Updated wiki content; changed tags Protocols, DEXes to DEX, Infrastructure; category to Exchanges & Marketplaces; added 1 event and 2 refs\""},{"id":"previous_cid","value":"QmepDJcXBMvhFfS2mdMcQg1g3m7wHDyo7ctMMFCrTDu7Qw"}],"events":[{"date":"2026-07-23","title":"Odos Announces Wind Down","type":"DEFAULT","description":"On July 23, 2026, the operating company behind Odos announced that it would wind down its operations and permanently discontinue all Odos services following an internal decision","link":"https://cointelegraph.com/news/odos-protocol-shut-down-4-years","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"7fb0493b-87d2-42ea-9f81-336af763c600"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0xd5893989b9952c6568a99F854795AcC5Ae480D56"},"operator":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":["ahmet-ozcan","yuri-papadin"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"5eb64d63-4f20-49c1-b153-ee0d7cc9af4b\",\"title\":\"Odos\",\"description\":\"Odos is a decentralized exchange aggregator that uses a Smart Order Routing algorithm to optimize token swaps across 14 blockchains. Launched in 2022, it suppor...\",\"timestamp\":\"2026-07-27T17:23:48.433Z\",\"category\":\"Exchanges & Marketplaces\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0xd5893989b9952c6568a99F854795AcC5Ae480D56\",\"address\":\"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Tags\",\"subtitle\":\"Added and removed topic/tag identifiers\",\"variant\":\"modified\",\"changeCount\":6,\"changes\":[\"Removed tag with id 'exchanges' (title: 'Exchanges')\",\"Added tag with id 'exchanges-and-marketplaces' (title: 'Exchanges & Marketplaces')\",\"Removed tag with id 'Protocols'\",\"Removed tag with id 'DEXes'\",\"Added tag with id 'DEX'\",\"Added tag with id 'Infrastructure'\"]},{\"title\":\"Content\",\"subtitle\":\"Main article content updated: lead wording changed, embedded video removed, new wind‑down / shutdown section added, and some prior blocks removed\",\"variant\":\"modified\",\"changeCount\":7,\"changes\":[\"Updated lead/summary text to describe Odos as a DEX aggregator that \\\"uses a proprietary Smart Order Routing (SOR) algorithm to optimize token swaps across multiple blockchain networks.\\\" [[3]](#cite-id-YaW0uITPUu) [[4]](#cite-id-omNNZLJj0t)\",\"Removed embedded YouTube video embed: 'YOUTUBE@VID(qC8Ry-YOZZs)'\",\"Added section 'Odos Operating Company Announces Wind-Down of Operations' describing the company's announcement on July 23, 2026; application transition to read-only on July 27, 2026; permanent shutdown on July 30, 2026; guidance for users to withdraw or export keys; warnings about scams; and note that the ODOS token and non-custodial protocol remain on-chain. [[12]](#cite-id-5NhJGibH3virqW8Z) [[13]](#cite-id-BcYI8uH8B7TRN13J)\",\"History section retained and restated (launch April 2022; 2024 updates including limit orders, loyalty program and ODOS token; $53B trading volume and ~2.7M wallets). [[1]](#cite-id-ZU6dPv8YE1) [[2]](#cite-id-lcRKn3Yu0f) [[3]](#cite-id-YaW0uITPUu) [[4]](#cite-id-omNNZLJj0t) [[6]](#cite-id-bhelM2mL4K) [[7]](#cite-id-gC1g7PyLHw) [[9]](#cite-id-YU6X4HT89j) [[10]](#cite-id-75RZu12hkp)\",\"Technology section preserved (description of SOR, multi-token atomic swaps, gas optimization, cross-chain routing, audits and chain compatibility). [[3]](#cite-id-YaW0uITPUu) [[4]](#cite-id-omNNZLJj0t) [[5]](#cite-id-lViCm3ulow) [[6]](#cite-id-bhelM2mL4K) [[8]](#cite-id-kA428ECPEo) [[9]](#cite-id-YU6X4HT89j)\",\"Governance, Loyalty Program and Odos DAO sections preserved. [[4]](#cite-id-omNNZLJj0t) [[7]](#cite-id-gC1g7PyLHw) [[9]](#cite-id-YU6X4HT89j)\",\"Removed the prior 'Future Developments' section (the 2025 roadmap/initiatives block present in the removed content)\"]},{\"title\":\"Events\",\"subtitle\":\"Added a new event describing the Odos wind-down announcement\",\"variant\":\"added\",\"changeCount\":1,\"changes\":[\"Added event 'Odos Announces Wind Down' (id: 'a683ba99-8b94-4f8d-8975-a31dffc57081'), action: CREATE, date: 2026-07-23, link: https://cointelegraph.com/news/odos-protocol-shut-down-4-years. 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