DexToro Transitions to a Full-Blown Blockchain Protocol, Unveils Groundbreaking Product Suite to Revolutionize Decentralized Derivatives Trading

Today, DexToro is proud to announce a significant milestone — the transition to a full-blown blockchain protocol.

Miami, United States, July 11th, 2024, Chainwire

Today, DexToro is proud to announce a significant milestone — the transition to a full-blown blockchain protocol.

DexToro, founded by Nick Nechanicky in June 2023, has been on a mission to democratize access to financial opportunities. The DexToro exchange is known for offering perpetual futures trading across various assets, including cryptocurrencies, forex, and stocks.

Today, DexToro transitioned to a full-blown blockchain protocol. This transition means that anyone, regardless of location or background, can benefit from a comprehensive suite of products for permissionless derivatives trading. This transition is set to complete only a few months after their seed round closes.

A Comprehensive Decentralized Derivatives Protocol

The decentralized derivatives market has grown significantly in recent years, with an increasing number of traders seeking the benefits of decentralization, such as increased security, transparency, and accessibility. In fact, the crypto derivatives market alone is worth more than $2.95 trillion (as of March 2023).

According to the team, the platforms servicing this booming market have fallen short regarding user experience, lack of liquidity, limited asset support, and traders can suffer from slippages, high fees, and an inability to trade their favorite assets on decentralized exchanges (DEXs).

DexToro believes that everyone deserves equal access to financial opportunities. That's why the evolution to a comprehensive decentralized derivatives protocol is crucial in addressing the limitations of existing platforms and creating a level playing field for all traders.

DexToro's New Product Suite

DexToro's groundbreaking new product suite is designed to revolutionize the decentralized derivatives trading landscape. Here's a sneak peek at what users can expect:

On-Chain Self-Custodial Derivatives Exchange

At the heart of the DexToro protocol is the Exchange—a cutting-edge, on-chain, self-custodial derivatives exchange that harnesses the power of Ethereum smart contracts. Users completely control their assets for an unmatched level of security and transparency.

Collateral-Backed dUSD Stablecoin (coming soon)

dUSD is the stablecoin that redefines stability in the volatile world of cryptocurrencies. Decentralized and backed by robust collateral, dUSD is soft-pegged to the US Dollar, providing traders with a reliable base currency for their derivatives transactions. With dUSD, users can focus on their trading strategies without worrying about the price fluctuations of their base currency.

Liquidity for Permissionless Derivatives (coming soon)

The upcoming Liquidity product is a game-changer for permissionless derivatives trading. With support for perpetual futures, options, and parimutuel markets, traders can explore various financial opportunities across multiple EVM chains.

DexToro's Liquidity product will be available across multiple EVM chains, ensuring users can tap into deep liquidity pools and execute trades seamlessly on their preferred blockchain.

DexToro Smart Wallet

The DexToro Smart Wallet is an all-in-one, on-chain margin engine that gives traders the power of decentralized and self-custodial derivatives trading.

With a comprehensive suite of tools, the Smart Wallet enables users to manage their positions, collateral, and risk exposure. Whether they're a seasoned trader or just starting out, the Smart Wallet can be a user's key to unlocking the full potential of derivatives trading.

Self-Hosted Crypto Wallet

DexToro is taking wallet functionality to the next level with its upcoming self-hosted, non-custodial crypto wallet. This wallet will provide users with a secure and user-friendly way to manage their digital assets, all while maintaining complete control over their funds.

With an intuitive online dashboard and a feature-rich mobile application, interacting with the DexToro ecosystem can be easier and more accessible. Stay tuned for the wallet's official release, and join us on our journey to decentralize the financial world.

Enterprise: DexToro's Power (coming soon)

DexToro can be a powerhouse for institutional clients and businesses. The upcoming Enterprise solutions, which include liquidity provisioning and white-label offerings, will enable companies to harness the full potential of DexToro's cutting-edge infrastructure and expertise.

無論用戶是希望創建客製化的衍生性商品交易平台還是將DexToro 的流動性整合到他們現有的服務中，企業解決方案都旨在提供工具並支援他們在快速發展的去中心化金融世界中取得成功的需求。

的角色DTORO 代幣

DTORO 代幣是為 DexToro 協議提供動力的燃料。作為一種實用代幣，它在生態系統中具有多種功能，包括：

1。質押以獲得潛在的收入分成和交易獎勵

DTORO 代幣的主要功能之一是使用戶能夠質押他們的代幣並有可能賺取協議收入的一部分。透過鎖定他們的 DTORO 代幣，用戶可以從平台的成長中受益。

除了收入分享之外，質押的 DTORO 代幣還可以授予獨家

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