BTSE has taken a significant step forward in the world of decentralized trading with the launch of BTSE Dex 2.0. This new platform introduces cross-compatibility for Ethereum Virtual Machine-based chains, opening up opportunities for trading on over 50 perpetual futures across networks like Base, Optimism, and Arbitrum. By tapping into Orderly Network’s decentralized exchange protocol, BTSE Dex 2.0 is able to offer liquidity and cross-chain interoperability to its users. This innovative approach not only enhances the trading experience but also sets BTSE apart as a leader in the decentralized trading space.
One of the most exciting aspects of the BTSE Dex 2.0 launch is the announcement of nearly $1 million in token rewards for users. These rewards, distributed in USD Coin (USDC) through various rounds, serve as a powerful incentive for traders to engage with the platform. BTSE CEO Henry Liu expressed his enthusiasm for the partnership with Orderly Network, highlighting the impact of their technology and user-centric approach on driving growth. This commitment to innovation and user experience is a key driver behind BTSE’s success in the industry.
By leveraging Orderly Network’s NEAR instance, BTSE Dex 2.0 is able to offer a seamless trading experience for users who value the autonomy of DeFi. This partnership not only showcases BTSE’s dedication to fostering innovation but also highlights their belief in the capabilities of the Orderly-led team. Orderly Network COO Arjun Aroro emphasized the importance of BTSE’s support in realizing their vision of a truly integrated DeFi landscape. This collaborative effort demonstrates the power of teamwork in driving progress and development within the crypto ecosystem.
Orderly Network’s role as a permissionless liquidity layer for decentralized exchanges is reshaping the way users interact with the DeFi space. With yield vaults fixed at 20% APY for a variety of cryptocurrencies, including Dogecoin, Injective, and Binance Coin, Orderly Network is providing new opportunities for users to maximize their returns. The significant increase in total value locked using Orderly’s liquidity layer, coupled with a 330% year-to-date rise, is a testament to the growing demand for decentralized trading solutions. As we look to the future, initiatives like BTSE Dex 2.0 and partnerships with innovative teams like Orderly Network are paving the way for a more robust and interconnected crypto ecosystem.