BTSE recently made waves in the crypto world with the announcement of the launch of BTSE Dex 2.0. This new release comes with exciting features that promise to revolutionize decentralized trading. One of the key highlights of BTSE Dex 2.0 is its cross-compatibility for Ethereum Virtual Machine-based chains, opening up a whole new world of possibilities for traders.
An essential aspect of BTSE Dex 2.0 is its integration of Orderly Network’s decentralized exchange protocol. This integration brings liquidity and cross-chain interoperability to decentralized order books, creating a seamless trading experience for users. The collaboration with Orderly Network also comes with additional benefits, as BTSE Dex 2.0 is set to receive nearly $1 million in token rewards from both Orderly and BTSE Dex.
CEO of BTSE, Henry Liu, expressed his excitement about the partnership with Orderly Network and the potential of BTSE Dex 2.0. The project is part of the larger suite of products offered by the BTSE Group, a global blockchain technology company. With over $170 million in trading volume registered through its perpetual contracts, BTSE is positioning itself as a key player in the crypto trading space.
Orderly Network COO, Arjun Aroro, commended BTSE for its commitment to fostering innovation in the crypto ecosystem. By building BTSE Dex on Orderly’s NEAR instance, BTSE is not only catering to users who prefer the autonomy of DeFi but also demonstrating faith in the Orderly-led team to bring their vision to life. This collaboration is a testament to the shared values of both companies and their dedication to creating a truly integrated DeFi landscape.
Orderly Network itself is making waves in the decentralized exchange space as a permissionless liquidity layer built on an omnichain infrastructure. With yield vaults offering fixed APY rates for various cryptocurrencies, including popular ones like Dogecoin, Injective, and Binance Coin, Orderly Network is attracting a significant amount of value. The total value locked using Orderly’s liquidity layer has seen a 330% year-to-date rise, according to DefiLlama data, solidifying its position as a key player in the DeFi ecosystem.
The launch of BTSE Dex 2.0 is a significant milestone in the world of decentralized trading. With its innovative features, cross-chain compatibility, and partnership with Orderly Network, BTSE Dex 2.0 is set to change the game for crypto traders globally. The collaboration between BTSE and Orderly Network signals a new era of innovation and growth in the DeFi landscape, promising exciting opportunities for the future of decentralized finance.
Leave a Reply