{"id":24056,"date":"2025-05-16T14:45:07","date_gmt":"2025-05-16T11:45:07","guid":{"rendered":"https:\/\/forklog.com\/en\/tradoor-secures-3-2-million-to-develop-fastest-dex-on-ton\/"},"modified":"2025-05-16T14:45:07","modified_gmt":"2025-05-16T11:45:07","slug":"tradoor-secures-3-2-million-to-develop-fastest-dex-on-ton","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tradoor-secures-3-2-million-to-develop-fastest-dex-on-ton\/","title":{"rendered":"Tradoor Secures $3.2 Million to Develop &#8216;Fastest DEX on TON&#8217;"},"content":{"rendered":"<p>The decentralized exchange <a class=\"tracking_link\" href=\"https:\/\/tradoor.io\/\" target=\"_blank\" rel=\"noopener\">Tradoor<\/a> on The Open Network (TON) blockchain has raised $3.2 million in funding, according to a press release.<\/p>\n<p>The investment round was led by TON Ventures and Kenetic Capital, with participation from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re7 Capital, and BitsLab.<\/p>\n<p>The funds will be used to implement the project&#8217;s roadmap for developing the &#8220;fastest DEX&#8221; supporting high-frequency trading on TON, as well as conducting the Turbo Rewards campaign based on the trade-to-earn model.<\/p>\n<p>Since its launch in the third quarter of 2024, <a class=\"tracking_link\" href=\"https:\/\/tradoor.io\/\" target=\"_blank\" rel=\"noopener\">Tradoor<\/a> has attracted 360,000 users, with a total trading volume exceeding $400 million. The peak daily volume reached $49 million, which, according to DEX representatives, is a record on TON. The project team also won the <a class=\"tracking_link\" href=\"https:\/\/ton.org\/open-league?hallOfFame\" target=\"_blank\" rel=\"noopener\">Open League 6<\/a> competition and the <a class=\"tracking_link\" href=\"https:\/\/x.com\/tradoor_io\/status\/1821837278681165923\" target=\"_blank\" rel=\"noopener\">TON Code Summer Asia<\/a> hackathon.<\/p>\n<p>Tradoor offers users two technological solutions:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Turbo Mode<\/strong> \u2014 provides throughput of up to 10,000 <span data-descr=\"transactions per second\" class=\"old_tooltip\">TPS<\/span> with a confirmation time of 50 milliseconds;<\/li>\n<li><strong>Turbo Accounts<\/strong> \u2014 allows one-click trades and deposits from other blockchains, including Ethereum, BNB Chain, and Solana.<\/li>\n<\/ul>\n<p>According to the project&#8217;s lead developer, Balal Khan, Tradoor is akin to Hyperliquid on Telegram.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Thanks to Turbo Mode, users execute trades 600 times faster than before \u2014 fully on-chain on TON with minimal network fees,&#8221; he comments.<\/p>\n<\/blockquote>\n<p>Tradoor has also added support for the tokenized version of Bitcoin on TON \u2014 tgBTC. According to developers, it provides liquidity providers with double-digit returns on USDT, TON, and tgUSD.<\/p>\n<p>In the future, the project team plans to launch:<\/p>\n<ul class=\"wp-block-list\">\n<li>text-to-trade \u2014 a token exchange feature using AI for executing trades via text commands;<\/li>\n<li>a copy trading system.<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Integrating Tradoor into Telegram offers centralized exchange-level trading to hundreds of millions of users. We believe Tradoor has unique opportunities to bring high-frequency trading to the rapidly growing TON ecosystem,&#8221; stated Kenetic Capital co-founder Jehan Chu.<\/p>\n<\/blockquote>\n<p>Earlier in May, Ethena Labs and TON Foundation <a href=\"https:\/\/forklog.com\/en\/news\/ethena-partners-with-telegram-ecosystem\">announced<\/a> plans to integrate the USDe and sUSDe stablecoins into the Telegram ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized exchange Tradoor on The Open Network (TON) blockchain has raised $3.2 million in funding, according to a press release. The investment round was led by TON Ventures and Kenetic Capital, with participation from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re7 Capital, and BitsLab. The funds will be used to implement the project&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1422,1133],"class_list":["post-24056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-toncoin","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"191","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24056"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24055"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}