VICTORIA, Seychelles: Global blockchain technology company BTSE has launched BTSE Dex 2.0, adding cross-compatibility for EVM chains and enabling trading for over 50 perpetual futures on the likes of Base, Optimism, Arbitrum, and more.
BTSE Dex runs on Orderly Network’s permissionless, decentralized exchange protocol, which is built on Near Protocol and provides the trading engine and liquidity network for traders. BTSE Dex combines the simplicity of an orderbook dex with a large network of market makers provided by Orderly Network, offering unmatched liquidity. In addition to cross-chain EVM-compatibility, BTSE Dex 2.0 will feature up to 50x leverage on perpetual futures trading.
Leading up to Orderly Network’s highly anticipated ORDER token launch, BTSE Dex is teaming up with them to give out nearly US$1 million in token rewards to loyal traders. Traders who sign up to their joint wait list will be eligible for airdrops from both BTSE Dex and Orderly. The first round of airdrops will be given in USDC, following the launch of BTSE Dex 2.0. Subsequent rounds of token rewards will be distributed in later months, linked to trading activity on the decentralized exchange.
“We’re excited to deepen our partnership with Orderly Network. They have created a phenomenal product and their emphasis on technology and user experience have enabled us to supercharge growth over the last several months. We hope that BTSE Dex 2.0 can bring the best of both worlds from CeFi and DeFi to offer the best experience for traders,” said BTSE CEO Henry Liu.
Arjun Aroro, COO, Orderly Network said: “BTSE’s commitment to fostering innovation across the crypto ecosystem stands unmatched, evident in their belief in our vision to deliver a truly integrated DeFi landscape. They built BTSE DEX on Orderly’s NEAR instance not only to cater to users who prefer the autonomy of DeFi but also as a symbol of faith in the Orderly-led team to actualize this vision. Today, that vision has taken shape, and we are excited to see BTSE DEX expand its perps offering for its users.”
