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Tatadex Rebrands from Tetadex, Concludes Beta with $10M in Trading Volume

5 January 2025
in Crypto, News
Reading Time: 3 mins read
107 3
Home News Crypto

Tatadex, an on-chain futures trading platform, has officially rebranded from Tetadex following the successful conclusion of its public beta.

The press release emphasized that the beta campaign surpassed $10 million in trading volume and drew over 100,000 participants, underscoring the growing demand for user-friendly DeFi solutions.

The platform focuses on simplifying perpetual futures trading for beginners by offering features like up to 50x leverage, a mobile-first design, and gamified trading tools. Built on StarkWare’s StarkEx infrastructure, Tatadex ensures fast, secure, and self-custodial trading experiences. Its deep integration with the Bitget Wallet app enhances accessibility and privacy for users.

To celebrate its milestone, Tatadex launched OG and Early Bird (EB) badges to reward early adopters. Among the 1,000 OG badges created, 300 have been awarded to top beta testers based on transaction volume. The remaining badges will be distributed to active participants in upcoming events over the next three months. EB badges were issued to other engaged users who contributed significantly during the beta phase.

The rebranding reflects Tatadex’s commitment to lowering barriers to DeFi adoption. The platform plans to roll out a simplified interface, additional beginner-friendly features, and gamified rewards to make trading more engaging and accessible.

Tatadex continues to position itself as a user-focused platform that combines ease of use with robust security, aiming to empower new traders to explore the DeFi space with confidence.

In another development, Bedrock introduced brBTC, a Bitcoin derivative designed to enhance Bitcoin’s role in DeFi. Integrated with Bedrock’s Liquid Restaking Token (LRT), brBTC addresses fragmented liquidity and limited yield opportunities by allowing holders to deposit derivatives like WBTC and FBTC into a unified platform. This initiative supports Bedrock’s BTCFi 2.0 vision, which focuses on scalable, efficient DeFi solutions. Collaborating with Thena and MEV Capital, Bedrock aims to expand liquidity and yield strategies while supporting restaking protocols like Babylon, Kernel, Pell, and SatLayer.

 

If you want to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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