BTSE has recently unveiled the groundbreaking BTSE Dex 2.0, a platform that revolutionizes decentralized trading by introducing cross-compatibility for Ethereum Virtual Machine-based chains. This innovative feature enables users to trade over 50 perpetual futures on various networks such as Base, Optimism, and Arbitrum. By tapping into Orderly Network’s decentralized exchange protocol, BTSE Dex 2.0 offers enhanced liquidity and cross-chain interoperability, setting a new standard in the world of decentralized finance.
In a move to incentivize users and further enhance the platform’s ecosystem, BTSE Dex 2.0 is set to distribute nearly $1 million in token rewards in collaboration with Orderly Network. These rewards will be distributed in USD Coin (USDC) through different rounds, creating additional value for traders and liquidity providers. BTSE CEO Henry Liu expressed his excitement about the partnership with Orderly Network, emphasizing the positive impact it has had on the platform’s growth. The seamless integration of Orderly Network’s technology has enabled BTSE Dex to thrive in the competitive DeFi landscape.
BTSE Dex is just one of the many innovative products offered by the BTSE Group, a global blockchain technology company. With over $170 million in trading volume registered through its perpetual contracts for top cryptocurrencies such as Bitcoin, Ethereum, and Solana, BTSE has established itself as a key player in the crypto market. Orderly Network COO Arjun Aroro commended BTSE for its commitment to fostering innovation in the crypto ecosystem. By leveraging Orderly’s NEAR instance, BTSE Dex not only caters to DeFi enthusiasts but also showcases a strong belief in Orderly’s vision for a truly integrated DeFi landscape.
Orderly Network serves as a permissionless liquidity layer for decentralized exchanges, offering a wide range of yield vaults for top cryptocurrencies. With fixed APYs of up to 20% for assets like Dogecoin, Injective, and Binance Coin, Orderly Network has become a go-to platform for crypto investors seeking high-yield opportunities. The platform’s total value locked has experienced a remarkable 330% year-to-date increase, reaching over $22 million according to DefiLlama data. This growth is a testament to the growing demand for decentralized trading solutions and the innovative approach taken by platforms like Orderly Network.
The launch of BTSE Dex 2.0 marks a significant milestone in the evolution of decentralized trading. With its cross-chain compatibility, token rewards, and strategic partnerships, BTSE Dex is poised to redefine the DeFi landscape and empower users with innovative trading solutions. As the crypto market continues to evolve, platforms like BTSE Dex and Orderly Network will play a crucial role in shaping the future of decentralized finance.