o1.exchange raises $4.2M for Base's first full trading terminal

o1.exchange has secured $4.2 million in a funding round led by Coinbase Ventures and AllianceDAO to develop the first full-scale trading terminal on Base. This round of financing marks a significant milestone for the project, positioning it as one of the most well-funded initiatives in the Base ecosystem. The investment is not only a validation of o1.exchange’s vision but also reflects growing interest from venture firms in infrastructure-level projects within the Base network that can enhance liquidity, transparency, and execution efficiency [1].

The platform is introducing a robust incentive program to drive user adoption, including a 45% cashback rate on trade fees and a 41% referral revenue share. These incentives are designed to attract both retail and professional traders, offering substantial returns on trading activity and network growth [1]. Such an aggressive incentive structure is uncommon among both centralized and decentralized exchanges, making o1.exchange a compelling option for traders seeking both performance and profitability [1].

o1.exchange is emphasizing advanced on-chain capabilities, including real-time DEX data analytics, wallet tracking, and integration with TradingView Enterprise Charts. It also supports advanced order types such as limit orders, TWAP execution, and sniping, while delivering fast trade execution—≤1 block—which minimizes slippage and enhances user experience [1]. These features are often absent in decentralized trading environments, where execution speed and functionality lag behind centralized alternatives [1].

The platform’s multi-wallet management system allows users to manage their assets seamlessly across chains, with built-in cross-chain bridging functionality. This integration with major Base launchpad projects, including Zora and BaseApp, further strengthens its position within the ecosystem. Additionally, o1.exchange is deeply integrated with Uniswap V4, providing users with enhanced liquidity and order execution capabilities [1].

The development of a full trading terminal on Base is particularly timely. While the ecosystem has seen explosive growth in meme tokens and NFTs, it still lacks mature trading infrastructure. o1.exchange aims to address this gap by offering a comprehensive terminal with enterprise-level tools, setting it apart from other projects in the space [1]. The platform’s approach mirrors early strategies employed by major centralized exchanges, which used advanced features and strong incentives to capture market share [1].

The funding and strategic incentives are part of a broader trend in the Base network, where institutional interest is growing due to its scalability and interoperability. As more institutional players explore L2 networks, platforms like o1.exchange that provide robust infrastructure and execution capabilities will likely play a central role in shaping the future of decentralized trading [1].

The aggressive incentive structure and enterprise-grade tools suggest that o1.exchange is positioning itself as a serious contender in the Base ecosystem. If successful, it could become the primary trading hub for professional traders, attracting liquidity and fostering a more mature market [1].

Source:

[1] [o1.exchange Secures $4.2M to Build the First Full Trading Terminal on Base](https://www.cryptoninjas.net/news/o1-exchange-secures-4-2m-to-build-the-first-full-trading-terminal-on-base/)