TON Ecosystem DEX Tradoor Secures $3.2M In Strategic Financing Round Backed by TON Ventures & Others

Tradoor raises $3.2M from investors including TON Ventures to enhance AI text-based and social trading features. New multi-collateral pool adds tgBTC, enabling users to earn double-digit yields on key crypto assets. Since launching in Q3 2024, Tradoor has reached $400M in volume and 360K users, setting new benchmarks on the TON network.

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Pardon Joshua
Pardon Joshua
Pardon Joshua is a seasoned crypto journalist with three years of experience in the rapidly evolving blockchain and digital currency space. His insightful articles have graced the pages of reputable publications such as CoinGape, BitcoinSensus, and CoinGram.us, establishing him as a trusted voice in the industry. Pardon's work combines in-depth technical analysis with a keen understanding of market trends, offering readers valuable insights into the complex world of cryptocurrencies.

Tradoor, a decentralized exchange (DEX) operating within the TON blockchain ecosystem, has successfully secured $3.2 million in a strategic financing round

The funding was led by TON Ventures and Kenetic Capital, with additional backing from notable investors such as Sigil Fund,T Fund, TONX, BitsLab, Protagonist, VentureSouq, and Re7 Capital.

Significantly, this round also includes a $1.5 million token purchase commitment that will help fuel Tradoor’s product development.

Particularly its focus on enabling high-frequency trading capabilities within the TON network. 

The capital injection is expected to accelerate the rollout of advanced trading features.

It also includes AI-powered text-based trading and social copy trading, positioning Tradoor as an innovative frontrunner in the rapidly evolving DeFi landscape on TON.

Integration of AI Features and Social Trading to Boost User Engagement

Tradoor is leveraging this new capital to introduce advanced functionalities aimed at making decentralized trading more intuitive and accessible. 

Among the headline features is “text trading,” a novel AI-driven capability allowing users to execute trades via simple text commands, removing barriers for less technically inclined traders. 

Additionally, Tradoor is developing social copy trading tools, enabling users to replicate the trades of top-performing investors in real time. 

These features are designed not only to increase user participation but also to create a more community-driven, interactive trading experience. 

The platform’s user-centric innovation aligns with the broader growth of the TON blockchain, which is closely integrated with Telegram.

Telegram is a messaging platform with over 800 million users and 42 million activated TON wallets.

Also Read: Turtle Club Secures $6.2M In Seed Funding to Advance On-Chain Liquidity Distribution Protocol with Lead By THEIA

Multi-Collateral Pool with tgBTC Support Expands Yield Opportunities

One of Tradoor’s latest product expansions is its new multi-collateral liquidity pool, now supporting tgBTC, a tokenized version of Bitcoin built for the Telegram and TON ecosystems. 

The integration allows users to earn attractive, double-digit yield opportunities across assets like USDT, Toncoin, tgUSD, and Bitcoin, while retaining exposure to BTC’s market value. 

By offering diversified collateral options and yield-generating tools, Tradoor is positioning itself as a compelling platform for liquidity providers seeking to maximize returns within the TON ecosystem. 

The inclusion of tgBTC reflects Tradoor’s intent to bridge the DeFi space with mainstream crypto assets while deepening the interoperability between TON-based applications and the broader crypto market.

Also Read: Real Estate Tokenization Platform Alt DRX Secures $2.7 Million In Pre-A Funding

Rapid Growth Since Launch Underscores Market Potential

Launched in Q3 2024, Tradoor has already demonstrated impressive traction across several key performance indicators. 

The platform has surpassed $400 million in cumulative trading volume and currently boasts 360,000 total active users. 

In a notable achievement, Tradoor set a record on the TON network with a single-day trading volume of $49 million. 

The rapid adoption has not gone unnoticed within the blockchain community.

Tradoor has received accolades such as first-place finishes in both the Open League 6 contest hosted by TON Society and the TON Code Summer Asia Hackathon. 

These milestones underscore the platform’s growing influence and the effectiveness of its user-focused innovations, as it continues to scale within the TON blockchain ecosystem.

Also Read: L1 Blockchain Litheum Secures $750K in Funding from Alphemy Capital and Amber Group

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