An Initial DEX Offering (IDO) is a fundraising method used by new projects to raise capital through decentralized exchanges. Unlike traditional Initial Coin Offerings (ICOs), which typically rely on centralized platforms, IDOs launch directly on decentralized exchanges, allowing for immediate trading of tokens.During an IDO, a project issues its tokens to investors, who can purchase them using existing cryptocurrencies. This gives investors early access to new projects and often at lower prices before they become available on larger exchanges.The process is usually quicker and more accessible than other fundraising methods. Projects often gain community support right from the start, creating a more engaged user base.Additionally, because IDOs occur on decentralized platforms, they provide greater transparency and security for both investors and projects. However, they also come with risks, such as potential project failures or scams. Therefore, investors are encouraged to conduct thorough research before participating.