Bitoro Rolls Out Perpetual Futures
On June 13, Bitoro, a decentralized network for perpetual futures trading, announced the launch of its trading protocol on the Injective network.
Injective is a decentralized blockchain platform focused on creating Web3 financial solutions.
The perpetual futures trading protocol is now available on multiple networks, including Avalanche, Arbitrum, Optimism, Mantle, and Base, in addition to Injective’s De-Fi ecosystem.
Bitoro’s founder and CEO, Brian Purcell, stated that this deployment is a significant achievement for the protocol, as it expands its decentralized trading options.
He also explained that by utilizing Injective’s robust infrastructure, Bitoro can offer its users fast and cost-effective trading, while also introducing advanced features such as institutional gateways and on-chain perpetuals for regulated assets.