tradoor.io

tradoor.io

A crypto trading platform.

HQ location
British Virgin Islands
Website
Launch date
Employees
Enterprise value
$13—19m
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Tradoor operates as a decentralized finance (DeFi) application specializing in cryptocurrency trading, with a head office in Singapore. Founded in 2024, the company has established itself within The Open Network (TON) blockchain ecosystem, positioning itself as a high-speed, self-custodial trading tool for both web and Telegram users. The platform's development is backed by significant venture capital, having secured $3.2 million in a funding round co-led by TON Ventures and Kenetic Capital, with participation from other notable investors such as Sigil Fund, Protagonist, and VentureSouq.

The core of Tradoor's business is a decentralized exchange (DEX) that facilitates the trading of perpetuals, options, and includes SocialFi elements. It primarily serves retail crypto traders, accessible via a standard web application and a Telegram Mini App, targeting the platform's vast user base. Revenue is generated from trading fees, with affiliates earning commissions starting at 40% of fees from their referrals. The business model aims for mass adoption by leveraging the TON blockchain's low gas fees and scalability.

Tradoor's service revolves around its Normal Distribution-Based AMM (NDMM) pricing mechanism, which uses advanced mathematics to ensure scientific pricing and protect all parties from market volatility. Key features include 'Turbo Mode,' which enables transaction speeds of up to 10,000 TPS with 50-millisecond confirmation times, and 'Turbo Accounts' for one-click trading and multi-chain deposits. The platform offers up to 400x leverage on Bitcoin and Ethereum perpetuals and guarantees zero price slippage through its 'Price Lock' mechanism. Since its launch in the third quarter of 2024, Tradoor has reported over $400 million in trading volume from 360,000 active users, achieving a peak daily trading volume of $49 million.

Keywords: decentralized exchange, perpetuals trading, options trading, SocialFi, The Open Network, TON blockchain, crypto trading, high-frequency trading, Telegram Mini App, NDMM pricing, auto deleveraging, DeFi application, venture capital, multi-chain deposit, zero slippage, low gas fees, Balal Khan, Kenetic Capital, TON Ventures

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