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Bidask Protocol, Concentrated liquidity DEX on TON, Received Funding from DWF Labs

Writer's picture: Jean DJean D

February 12, 2025

Bidask Protocol

Bidask Protocol has partnered with DWF Labs in a move aimed at enhancing liquidity and driving trading volumes on The Open Network (TON). The collaboration is expected to strengthen the trading ecosystem within TON, which has been gaining traction in the decentralized finance space.


The agreement marks a significant step for Bidask Protocol as it seeks to provide a more efficient trading environment. DWF Labs, known for its role in market-making and strategic investments in blockchain projects, is bringing its expertise to support Bidask Protocol’s expansion. By leveraging DWF Labs' resources, the protocol aims to improve order book depth and transaction efficiency, positioning itself as a key player in TON’s growing financial infrastructure.


About Bidask Protocol


Bidask Protocol is a trading platform operating within The Open Network (TON), designed to provide deep liquidity and high-speed order execution. It focuses on optimizing decentralized trading by utilizing TON’s blockchain architecture to facilitate seamless transactions. The platform aims to offer institutional-grade trading tools and efficient market operations to enhance user experience.


X: @BidaskProtocol 


About Investor


DWF Labs

DWF Labs is a global digital asset market maker and investment firm specializing in providing liquidity solutions and strategic funding for blockchain projects. The firm supports early-stage and established projects by offering capital investment, market infrastructure, and trading expertise.


Location: Abu Dhabi, United Arab Emirates


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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