Bitoro Network, a leveraged trading protocol and ecosystem aggregator for the perpetual futures market, has recently launched on Injective, a Web3-optimized platform for decentralized finance.
Through this integration, Bitoro will gain access to new trading channels that offer instant and cost-effective trading options, as well as integrated staking vaults. These features will help attract institutional clients to the platform.
By leveraging Injective’s infrastructure and onchain order book, Bitoro aims to enhance its platform and introduce new markets in a MEV-resistant environment. Additionally, the integration will enable Bitoro to participate in staking pools and vaults for various decentralized finance projects.
Injective’s suite of real-world asset (RWA) modules will allow Bitoro to introduce onchain perpetual futures for RWAs, including forex pairs and commodities, as well as spot crypto markets through ETFs and ETNs. This collaboration will enhance market depth and liquidity for Bitoro’s trading pairs.
“This partnership not only enhances our platform’s capabilities but also broadens our reach significantly, therefore reinforcing our commitment to providing secure, compliant, and accessible trading opportunities for all,” shares Brian Purcell, Founder and CEO of Bitoro Network.
With its launch on Injective, Bitoro Network gains access to institutional-grade infrastructure, ensuring increased security and compliance standards. Injective’s network is secured by over 60 global institutions collaborating as validators.
Launched in March of this year, Bitoro is quickly establishing itself as a premier aggregator for perpetual liquidity ecosystems and claims to be the world’s first leveraged trading protocol for this sector. The platform aims to unify the fragmented market within a single platform and has already reached over $1 billion in trading volume in less than two months since its inception.
