What Is DexToro (DTORO)?
DexToro is a decentralized derivatives trading platform offering exposure to real-world and on-chain synthetic assets with leverage.
The DexToro token (DTORO) is our utility token, which is used to sustain long-term protocol growth. DTORO has two primary functions: (a) Staking and (b) Governance.
What Makes DexToro Unique?
Trading on DexToro’s synthetic infrastructure provides many advantages over centralized exchanges and order book-based DEXs. The lack of an order book means all trades are executed against the contract, known as P2C (peer-to-contract) trading. This enables DexToro to offer zero slippage, razor-thin fees, and lightning-fast trade executions. Another advantage is due to our synthetic architecture, we support a variety of different trading assets outside of crypto, such as Forex and Stocks. Assets are assigned an exchange rate through price feeds supplied by decentralized oracles.
Basic Tokenomics Overview
The DexToro token launched on October 10th, 2023. The token follows the below model:
Allocation Breakdown