In a significant development in the world of decentralized exchanges, BTSE has officially announced the launch of BTSE Dex 2.0. This new version introduces cross-compatibility for Ethereum Virtual Machine-based chains, opening up new trading opportunities for users. With the ability to trade over 50 perpetual futures on networks such as Base, Optimism, and Arbitrum, BTSE Dex 2.0 is set to revolutionize the way users interact with decentralized finance platforms.
One of the standout features of BTSE Dex 2.0 is its integration with Orderly Network’s decentralized exchange protocol. This partnership not only provides liquidity to the platform but also offers cross-chain interoperability to decentralized order books. The collaboration has been lauded by industry experts for its innovative approach towards enhancing the user experience on decentralized exchanges.
As part of the launch of BTSE Dex 2.0, users will have the opportunity to earn nearly $1 million in token rewards from both Orderly and BTSE Dex. These rewards will be distributed in USD Coin (USDC) through different rounds, providing an added incentive for users to actively participate in the platform. BTSE CEO Henry Liu expressed excitement about the collaboration with Orderly Network, highlighting the transformative impact it will have on the growth of the platform.
BTSE Dex is just one of the many products offered by the BTSE Group, a global blockchain technology company. With a strong focus on delivering cutting-edge solutions to its users, the BTSE Group has established itself as a key player in the crypto industry. The exchange has already registered over $170 million in trading volume through its perpetual contracts of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), showcasing its widespread appeal among traders.
Orderly Network, the brains behind the decentralized exchange protocol used by BTSE Dex 2.0, is a permissionless liquidity layer for decentralized exchanges. With an omnichain infrastructure, Orderly Network offers yield vaults with fixed APYs for a variety of cryptocurrencies, including Dogecoin (DOGE), Injective (INJ), and Binance Coin (BNB). The platform has seen significant growth in total value locked, surpassing $22 million after a 330% year-to-date rise, according to DefiLlama data.
The launch of BTSE Dex 2.0 represents a major milestone in the evolution of decentralized exchanges. With its innovative features, seamless integration with Orderly Network’s protocol, and lucrative token rewards, BTSE Dex 2.0 is poised to become a frontrunner in the world of decentralized finance. As the crypto industry continues to mature, platforms like BTSE Dex 2.0 will play a crucial role in shaping the future of finance.
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