Tradoor Launches ‘Fastest DEX on TON’ After Securing $3.2M in Funding
HONG KONG, May 15, 2025 — Tradoor, the first DEX on The Open Network (TON) offering perpetuals, options, and SocialFi features, has secured $3.2 million in funding to bring centralized exchange-level trading to Telegram. TON Ventures and Kenetic Capital led the investment rounds, with participation from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re7 Capital, and BitsLab. The funding includes a $1.5 million commitment to purchase tokens, which will support Tradoor’s plans for high-frequency trading on TON and an upcoming ‘Turbo Rewards’ campaign where users can earn rewards for trading.
Tradoor introduces features like Turbo Mode and Turbo Accounts to significantly improve trading speed and user experience. Turbo Mode enables 10,000 transactions per second with confirmation times as fast as 50 milliseconds. Turbo Accounts facilitate one-click trades and multi-chain deposits from networks like Ethereum, BNB Smart Chain, or Solana, ensuring zero price slippage for optimal trading efficiency.
“Think of Tradoor as ‘Hyperliquid in your pocket’ on Telegram,” said core contributor Balal Khan. “With Turbo Mode, users get instant trades at speeds 600x faster than before, fully onchain on TON, with the lowest gas fees on the network. Users can open a Turbo Account in one step, with no KYC required, and begin trading with a single click. The Price Lock mechanism guarantees zero slippage, making your trading efficient and worry-free.”
Tradoor will soon launch token swap functionality and new AI-driven features, including text-to-trade, which enables users to execute trades using text commands, and a social copy trading product that allows users to copy the trades of successful community members.
The “Turbo Rewards” campaign will reward trading activity with $DOOR points, Tradoor’s in-app reward system, with points awarded based on trading volume.
Jehan Chu of Kenetic Capital stated, “Tradoor’s integration on Telegram puts CEX-grade trading in the hands of millions of users. With its innovative Turbo Mode, we believe Tradoor is well-positioned to bring high-frequency trading to TON’s rapidly growing ecosystem.”
Telegram, a leading global messaging platform, is increasingly popular within the crypto community. TON, its blockchain ecosystem, has 42 million active wallets and supports various decentralized applications, enhancing Tradoor’s potential reach and impact.
Tradoor’s new multi-collateral pool now supports tgBTC, potentially offering liquidity providers attractive double-digit yields on USDT, Toncoin, tgUSD, and Bitcoin. tgBTC is a tokenized version of Bitcoin within the Telegram and TON ecosystems, allowing users to access DeFi benefits while maintaining exposure to Bitcoin.
Since launching in Q3 2024, Tradoor has achieved milestones including over $400 million in trading volume, 360,000 active users, and a record $49 million in daily trading volume, the highest on TON to date. The platform has also received industry recognition, winning the Open League 6 contest organized by TON Society and the TON Code Summer Asia Hackathon.
About Tradoor
Tradoor is the first decentralized protocol on TON offering perpetuals, options, and SocialFi features. It is a fast, self-custodial, all-in-one trading tool for Telegram and Web App users. Its unique ‘Turbo Mode’ provides one-click confirmations, a high throughput of 10,000 TPS, 50ms execution time, and the lowest gas fees on TON. Users experience zero price slippage with the Price Lock guarantee and fair pricing with the AI-enhanced Liquidity Shield. Turbo Accounts improve usability with one-click trades and multi-chain deposit support.
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