An Initial DEX Offering (IDO) is a fundraising method used by cryptocurrency projects to launch their tokens on a decentralized exchange (DEX). This process allows projects to directly sell their tokens to investors without the need for intermediaries.During an IDO, a new token is made available for purchase on a DEX. Participants can buy these tokens using cryptocurrencies, often directly through their digital wallets. The IDO typically allows early backers to support the project while benefiting from potential price increases when the tokens are listed.One of the main advantages of an IDO is that it provides instant liquidity for the tokens being offered. Since the launch occurs on a decentralized platform, trading can begin immediately once the IDO concludes. This contrasts with other fundraising methods, like Initial Coin Offerings (ICOs), where tokens might not be available for trading right away.Overall, IDOs have gained popularity for their accessibility and speed, attracting both developers and investors seeking new opportunities.