BTSE recently made headlines with the announcement of BTSE Dex 2.0, a groundbreaking update that brings cross-compatibility for Ethereum Virtual Machine-based chains. This update allows traders to access over 50 perpetual futures on various networks, including Base, Optimism, and Arbitrum. One of the key features of BTSE Dex 2.0 is its integration with Orderly Network’s decentralized exchange protocol, which provides liquidity and cross-chain interoperability to decentralized order books.
In addition to the exciting new features, BTSE Dex 2.0 users will also have the opportunity to earn nearly $1 million in token rewards, thanks to a collaboration between Orderly and BTSE Dex. These rewards will be distributed in USD Coin (USDC) through different rounds. Henry Liu, CEO of BTSE, expressed his enthusiasm for the partnership with Orderly Network, emphasizing the innovative products and user-centric approach that have fueled growth for both companies.
The BTSE Dex is just one of the offerings in the suite of products provided by the BTSE Group, a global blockchain technology company. With over $170 million in trading volume registered through its perpetual contracts of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), BTSE has established itself as a key player in the crypto trading landscape. This success is a testament to the platform’s commitment to innovation and user experience.
Orderly Network, the brains behind the decentralized exchange protocol integrated into BTSE Dex 2.0, is a permissionless liquidity layer designed for decentralized exchanges. Built on an omnichain infrastructure, Orderly Network offers yield vaults fixed at 20% APY for 10 different cryptocurrencies, including Dogecoin (DOGE), Injective (INJ), and Binance Coin (BNB). With over $22 million in total value locked using Orderly’s liquidity layer, the platform has seen a remarkable 330% year-to-date rise, as reported by DefiLlama data.
The launch of BTSE Dex 2.0 marks a significant milestone in the world of crypto trading, offering traders a seamless and innovative platform to access a wide range of perpetual futures. With cross-compatibility for Ethereum Virtual Machine-based chains and a robust decentralized exchange protocol from Orderly Network, BTSE Dex 2.0 is poised to revolutionize the DeFi landscape. As the crypto market continues to evolve, platforms like BTSE Dex play a crucial role in driving growth and innovation in the industry.