Tradoor Secures $3.2 Million Funding for High-Frequency Trading on TON

Tradoor, a pioneering decentralized exchange (DEX) on The Open Network (TON), has successfully secured $3.2 million in funding. This investment round was spearheaded by TON Ventures and Kenetic Capital, with additional support from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re7 Capital, and BitsLab. The financing includes a $1.5 million token purchase commitment, aimed at advancing Tradoor’s roadmap for high-frequency trading on TON and an upcoming ‘Turbo Rewards’ trade to earn campaign.

Tradoor introduces several innovative features designed to enhance trading speed and user experience. Turbo Mode, one of its standout features, enables transactions at an impressive 10,000 transactions per second (TPS) with confirmation times as fast as 50 milliseconds. Turbo Accounts offer seamless one-click trades and multi-chain deposits from networks such as Ethereum, BNB Smart Chain, or Solana, ensuring zero price slippage for unmatched trading efficiency.

“Tradoor is essentially ‘Hyperliquid in your pocket,’ accessible via Telegram,” said core contributor Balal Khan. “With Turbo Mode, users can enjoy instant trades at speeds 600 times faster than before, fully onchain on TON, with the lowest gas fees on the network. Users can open a Turbo Account in just one step, no KYC required, and start trading with a single click. The Price Lock mechanism guarantees zero slippage, making your trading efficient and worry-free.”

Tradoor is poised to launch token swap functionality and innovative AI-powered features, including text-to-trade, which allows users to execute trades via text commands, and a social copy trading product, enabling users to replicate the trades of top-performing community traders. The “Turbo Rewards” trade to earn campaign will offer reward trading activity in the form of $DOOR points – Tradoor’s in-app reward – with points awarded for trading volume.

Jehan Chu of Kenetic Capital commented, “Tradoor’s integration on Telegram brings CEX-grade trading into the hands of hundreds of millions of users. With its innovative Turbo Mode, we believe Tradoor is uniquely positioned to introduce high-frequency trading into TON’s rapidly growing ecosystem.”

Telegram, a prominent global messaging platform, continues to gain significant traction within the crypto community. TON, its underlying blockchain ecosystem, has 42 million activated wallets and supports a wide array of decentralized applications — further amplifying Tradoor’s potential reach and impact.

Tradoor’s new multi-collateral pool now includes support for tgBTC, which could provide liquidity providers with attractive double-digit yields on USDT, Toncoin, tgUSD, and Bitcoin. tgBTC functions as a tokenized version of Bitcoin within the Telegram and TON ecosystems, designed to enable users to access DeFi benefits while retaining exposure to Bitcoin.

Since its launch in Q3 2024, Tradoor has reached several key milestones, including over $400 million in trading volume, 360,000 total active users, and a record-breaking $49 million in daily trading volume — the highest on TON to date. The platform has also earned industry recognition, winning both the Open League 6 contest organized by TON Society and the TON Code Summer Asia Hackathon.

Tradoor is the first triple Perps + Options + SocialFi decentralized protocol on TON, a fast and self-custodial all-in-one trading tool for Telegram and Web App users. Its unique ‘Turbo Mode’ offers one-click confirmations and a high throughput of 10K TPS, 50ms execution time, with 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 enhance usability with one-click trades and multi-chain deposit support.