DexToro September Recap
As the crypto market bounced back with renewed vigor, DexToro capitalized on the momentum, achieving remarkable milestones this September. We shattered trading volume records, unveiled our ambitious long-term roadmap, and made waves at TOKEN2049 Singapore.
As the crypto market bounced back with renewed vigor, DexToro capitalized on the momentum, achieving remarkable milestones this September. We shattered trading volume records, unveiled our ambitious long-term roadmap, and made waves at TOKEN2049 Singapore.
Let's dive into the achievements that made September a defining month in DexToro's journey to revolutionize decentralized trading.
Key August Milestones and Updates
September marked a monumental leap in DexToro's trading activity. We're thrilled to announce that our monthly cumulative trading volume surged past $20 million — more than tripling August's $6 million figure. This represents an astounding 200%+ increase month over month!
With this explosive growth, DexToro's total trading volume has now reached an impressive $151,755,599. We can't wait to see what new records we'll reach in the coming months.
September saw DexToro unveil its comprehensive roadmap for Q3 2024 to Q3 2025, outlining our ambitious vision and core developments. This strategic plan, crafted by our core team, demonstrates our commitment to innovation and growth in the DeFi space.
Key milestones from our roadmap include:
- Q4 2024 - Q1 2025:
- Adding liquidity to existing Uniswap pool
- Additional CEX & DEX listings
- $DTORO going cross-chain and deploying on Ethereum mainnet
- Implementing $DTORO buyback strategy using protocol trading fees
- Q4 2024:
- Launching DexToro Liquidity and Stablecoin dUSD
- Integrating DexToro Exchange with our in-house liquidity
- Initiating a points-based marketing campaign to attract $30m TVL
- Q3 2025 - Q4 2025
- Launching DexToro iOS app and Enterprise solutions
- Establishing DexToro incubator and Grant Program
- Beginning development of Toros, our own layer 1 blockchain
Stay tuned as we work towards these milestones and continue to revolutionize the DeFi landscape. The future of DexToro is bright, and we're just getting started!
September saw DexToro's founder, Nick Nechanicky, represent our platform at TOKEN2049 Singapore. The event proved to be a pivotal moment for DexToro:
- Secured dozens of strategic partnerships
- Generated buzz around our upcoming DexToro Liquidity & dUSD launch
- Showcased our revolutionary on-chain perpetual futures execution times (as low as 3 seconds, aiming for 1 second)
Nick noted the event's bullish atmosphere compared to last year, with particular excitement surrounding DexToro's innovations. This successful representation at a major industry event underscores our growing influence in the DeFi space and sets the stage for exciting developments.
DexToro Platform Improvements
September saw 18 platform improvements rolled out to enhance DexToro's user experience:
- Enhanced mobile responsiveness with a scrollable navbar and optimized layouts
- Upgraded market menu and trade book for better usability
- Improved position table functionality and design
- Introduced Relative Mono Pro font for a cleaner look
- Fixed various bugs, including iOS issues and escrow rewards
We're continuously working on further improvements, including faster trade execution, expanded analytics, and a revamped tradebook interface. These updates reflect our commitment to providing a seamless, efficient trading experience for all DexToro users.
One of September's biggest updates was the introduction of Max Asset Leverage. This game-changing feature allows traders to instantly view the maximum leverage available for any asset directly on the trading panel, empowering users to make quicker, more informed decisions and maximize their positions within safe limits.
Sometimes, you just want to show off your trading prowess. Now you can:
- One-Click Position Sharing: Easily share your open positions with a single tap, fostering community engagement.
- Color-Coded Positions: Red for shorts, green for longs - providing instant visual cues for your trading stance.
These additions make trading on DexToro more intuitive and social. They reflect our responsiveness to community feedback and our commitment to user-centric design, enhancing your overall trading experience.
DexToro In Media
September saw the momentum of DexToro's media coverage continue to grow. Levi Rietveld, a respected voice in the crypto space, released an in-depth review asking the question on everyone's mind: "Is DexToro the BEST Decentralized Crypto Exchange?"
This high-profile review not only increases our visibility but also sparks important discussions about DexToro's unique features and potential in the competitive DEX landscape. We're excited to see influential voices in the crypto community recognizing and exploring what sets DexToro apart.
What to Expect Next
DexToro received numerous term sheets for the $10M Seed Round. The first half of October's focus is signing term sheets and preparing to launch a PR campaign regarding our raise details.
DexToro Liquidity and dUSD have been successfully developed and deployed for testing. Onchain derivatives trading will undergo a monumental shift in performance & user experience with this rollout.
Do You Have Any Further Questions About DexToro?
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