DEXTORO FEBRUARY RECAP
As Bitcoin is breaking all-time highs, we're positioning ourselves as the leading perpetual derivatives trading platform, and people are taking notice!
![DEXTORO FEBRUARY RECAP](/content/images/size/w2000/2024/06/CblEgrmwOcqtaXco8Rm4y.png)
As Bitcoin is breaking all-time highs, we're positioning ourselves as the leading perpetual derivatives trading platform, and people are taking notice!
We're eager to share how DexToro is developing, as we have several exciting new updates that have just come out in February. Here's what you can expect:
- New DexToro trading volume records
- Affiliate and referral program developments
- Advisors joining DexToro to build our reputation
Let's jump right into it!
Key February Milestones
February was DexToro's best trading month yet. Our monthly trading volume increased by 250% to a whopping 7.1 million - breaking a new trading volume record. Back in January, we hinted at reaching 10 million in trading volume, and we were close!
Daily trading volume broke past the million mark as Bitcoin continues to rally. On February 29th, it reached 1.68 million, with trading fees spiking to $2,000 in a single day.
GM!🐂
— DexToro (@DexToro_com) February 29, 2024
Before February comes to a close, we've soared past 6 million in trading volume and collected over $5K in trading fees! ⚡
That's more than double our January trading volume, which stood at $2.7M!
But we're not stopping there. Our goal?
To dominate the world of… pic.twitter.com/fGLZREIIwg
As trading volume increased, so did the number of active users and transactions. By February, we breezed past 500 DTORO token holders and registered 7,000 transactions on-chain. This is just the beginning of the DTORO token, as we launched a new pair for DTORO/WETH on Uniswap V3.
Attention DexToro Community!🚨
— DexToro (@DexToro_com) February 27, 2024
DTORO Stats Update:
⇢ Surpassing 500 holders (stakers not counted)🎉
⇢ Facilitating more than 7,000 DEX transfers ⚡
⇢ Staked amount exceeding 26,000 tokens 🫙
⇢ New liquidity pool: DTORO/WETH is now active on Uniswap v3 Optimism network… pic.twitter.com/713Zz4mRek
We successfully deployed two pairs, JTO and ORDI, which were previously announced in January. The maximum leverage available for the newly added tokens is 25x, and you can find technical information on the new pairs in our guide HERE.
New Perps Market Listing Alert: : $ORDI and $JITO
— DexToro (@DexToro_com) February 28, 2024
Now live on DexToro Perpetual market, these markets offer:
⇢ Leverage up to 25x
⇢ Low Fees
⇢ Deep Liquidity
⇢ Zero Slippage
Learn more ↴https://t.co/oKMuU1lKEn
Two important developments were released on DexToro to help expand the reach of DexToro within the trading community. The main one is the Affiliate Program, where early adopters and active DexToro traders can earn commissions.
You can create unique codes and earn 5% rebate from their trading rewards and traders who claim your code can earn boosted DTORO trading rewards when staking.
1/ Introducing the DexToro Referral Program! ⚡
— DexToro (@DexToro_com) February 23, 2024
🔹Affiliates earn USDT rewards
🔹Traders get boosted trading rewards with staked DTORO
🔹Self-referrals disabled for fairness
Get fee discounts and earn rebates through the DexToro referral program.⤵️ pic.twitter.com/mnPVVQQN2U
With carefully deployed updates and trading volume, we outperformed other competitors in the trading space! But we're not done yet!
DexToro Platform Improvements
We made an essential tweak to our platform's functionality by implementing the unique referral code to all your trading stickers. You can now share your profitable trades on social media and have others join with your affiliate code.
Introducing Realized Profit and Loss Tables and Closed Position Sharing on DexToro!
— DexToro (@DexToro_com) February 13, 2024
Now, users can see and share their realized profits and losses through the portfolio trade history, as well as share the live unrealized profits and losses from ongoing trades.
All trades are… pic.twitter.com/K9guAZgwYA
We added a new feature to track realized profits and losses in the portfolio section. By clicking History, you can have real-time access to your open positions and past trades. This helps track your progress over time and observe the low funding rates.
Introducing Realized Profit and Loss Tables and Closed Position Sharing on DexToro!
— DexToro (@DexToro_com) February 13, 2024
Now, users can see and share their realized profits and losses through the portfolio trade history, as well as share the live unrealized profits and losses from ongoing trades.
All trades are… pic.twitter.com/K9guAZgwYA
To keep users in the loop of what DexToro is doing, we've created an updated version of our roadmap covering 2024 to 2025. It takes you through what we've already achieved and shows a high-level overview of our goals. Our ecosystem roadmaps cover marketing efforts, our push towards liquidity-as-a-service, and our TOROS blockchain!
🔥 DexToro Roadmap Update 🔥
— DexToro (@DexToro_com) February 8, 2024
Check out our updated roadmap for a glimpse into our plans from 2024 to 2025 🙌
We're making great progress in our angel investment funding round, raising $250k and counting. The Referral Program, 1-click trading, and our audit from @CertiK are in… pic.twitter.com/V0E9uJqMuY
We build DexToro to become a decentralized perpetual leader, outperforming existing protocols with cheaper transactions. We're offering 50% cheaper trading fees for BTC trading than GMX while being able to execute trades without failures - unlike others.
DexToro Crushes GMX Fees! 🔥
— DexToro (@DexToro_com) February 8, 2024
Not a drill! DexToro is 50% cheaper than @GMX_IO for leveraged BTC trading.
Fees EXPLODE on GMX as trade size increases, while DexToro's fixed fee saves you BIG!
⇢ Long 100 BTC: GMX fees 3x higher than DexToro!
⇢ Long 500 BTC: GMX fees 7x higher… pic.twitter.com/GeP7CF5KBq
Company Updates
Company-wide, we're continuously improving to ensure DexToro has all the tools it needs to succeed. Our community has grown exponentially, reaching over 3,000 followers on X and getting constant engagements.
Julian Kuschner joined DexToro as our new strategic advisor to aid our growth. Julian has learned from high-profile individuals, including Richard Branson, and he's bringing his business development and marketing experience to DexToro.
Welcome Julian Kuschner, Our New Strategic Advisor & Investor!
— DexToro (@DexToro_com) February 19, 2024
We're thrilled to announce Julian Kuschner as our newest strategic advisor and investor!
Julian is a powerhouse with experience in investing, business advising, and motivating audiences through public speaking. He's… pic.twitter.com/zaTED7veC8
Our pre-seed targeting strategic advisors and angel investors ended on February 29th. With over 75% completed, we're ready to kickstart our marketing efforts in 2024 successfully.
DexToro Update: ⚡
— DexToro (@DexToro_com) February 25, 2024
We are not here to take part, because we are here to take over.💥
↳ The Referral program has undergone further enhancements, now operational.
↳ DexToro is experiencing significant performance and speed enhancements, resulting in faster load times across… pic.twitter.com/vTdYFNXF6q
Finally, the Optimism Demo days were a success! We presented the DexToro trading platform in front of over 160,000 users from the Optimism Discord community. We successfully attracted new Optimism native users to the DexToro platform in early February.
GM!
— DexToro (@DexToro_com) February 5, 2024
Our demo day presentation on @Optimism is just around the corner, with only 3 days left.
Check out the details below👇 https://t.co/fyXR3KZYhY
What to expect next
Our focus is on finalizing two developments that will increase DexToro's trust in the DeFi space.
- First is the CredShields/SolidityScan audit to guarantee platform security - Completed
- Second is the 1-Click-Trading deployment to streamline trades and make trading accessible and easier for everyone
- Third is the DTORO CoinMarketCap listing
DexToro will never stop growing as we're committed to building the future decentralized derivatives trading platform. We're delivering a secure, reliable, and fast trading platform, and our achievements in the past couple of months are a testament to our dedication.
A lot more is coming, so stay tuned for more updates this month!
About DexToro
DexToro’s mission is to democratize access to financial opportunity.
Join the discussion on Discord or follow us on Twitter.
Learn more at DexToro.com