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VOOI at Substack · Dec 27, 2024

VOOI in 2024

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VOOI | Derivatives Marketplace · VOOI at Substack

It’s a no-brainer that 2024 has been a year full of rollercoasters and big milestones for the whole DeFi industry: Bitcoin smashing a new ATH, a fresh surge of traders flooding the market, and governments finally giving crypto the nod (took them long enough, right?)

For VOOI, 2024 was a crucial year - we launched on Mainnet, completed our first Phase of launch, and reached the incredible metrics in 8 months right after the launch that a lot of similar projects managed to accomplish in years.

But the real mic drop? We proved what we’ve known all along — traders are ready to ditch CEXs for good when there’s a truly unified decentralized app waiting for them.

Let’s close 2024 with a recap of VOOI’s path this year.

  • May 2024 - VOOI’s launch, with 4 DEXs supported;

  • 50,000+ traders on VOOI Trading App in 10 months;

  • $6 Billion+ in Trading Volume - since May ‘24;

  • 1 Million+ active users on VOOI Telegram App;

  • 3 hosted airdrop events via trading on VOOI;

  • Strategic partnerships, incl. Binance Labs investment

  • Phase 1 - Completed, now entering Phase 2 in 2025, becoming the biggest Derivatives Marketplace.

Let’s start with some of the key milestones that crafted VOOI’s path to continuous growth.

We introduced the first version of the VOOI Trading App and integrated four major DEXs for seamless trading: Hyperliquid, Orderly Network, KiloEx and SynFutures.

Within the enhancements and ongoing releases, now traders enjoy trading in four trading terminals while earning fee rebates and showing off their skills. And numbers don’t lie:

  • $6 Billion: Total trading volume generated through the app.

  • 50,000+ Traders: Unique traders onboarded in less than 6 months.

  • 800,000+ Members: Growing our VOOI community to unprecedented heights.

With the perception that the traders demonstrated, we decided to go broader and bigger with the launch of our VOOI App on Telegram – to let traders test out and learn trading strategies while earning rewards for their personal performance so that they can implement those via both Web and Mobile Trading Terminals.

In Just 3 Months:

  • 1 Million+ Monthly Active Users: A resounding success for our Telegram Mini App.

  • Over $138 Billion Trading Volume: Processed through the app’s tools and games.

2024 wasn’t just about products - it was about partnerships. VOOI gained significant backing from the community and leading industry players, reinforcing our vision for the future of DeFi trading.

Earlier in 2024, VOOI was accelerated by Binance Labs & BNB Chain, as well as by Consensys and within the Manta ZK Accelerators.

After the successful participation in Season 7 of the Most Valuable Builders program, hosted by Binance Labs & BNB Chain, VOOI secured the strategic investment of Binance Labs in August ‘24. It enabled extra resources to maximise efforts and bring more integrations to life, implementing Derivatives Marketplace and Chain Abstraction technology combination.

Though the round continues, we’re excited to announce more news soon.

Those who bring the real value to the table of hungry and meticulous traders have a place to stay in the market. This has been VOOI’s key focus and remains to be - simplifying and enhancing the trading experience.

Within the presented roadmap and announced goals, it’s safe to say our team has done the planned product milestones. Take a look.

Therefore, the VOOI’s position is much bigger than just aggregating DEXs.

We go way broader. A lot of exciting features to roll out in the upcoming 2025.

VOOI goes all derivatives with the upcoming Version 2 of VOOI’s Trading App.

It’s safe to say that VOOI becomes a Derivatives Marketplace, uniting all possible derivatives and challenging the existing problems of chain fragmentation. Traditional crypto derivatives, exotic assets (including AI and coin dominance indexes, etc.) – all under one roof, being traded just in a couple of clicks.

By implementing Chain Abstraction, VOOI’s going to enable the truly seamless trading across EVM and non-EVM blockchains, in a couple of clicks, without bridging or managing the gas.

Therefore, Chain and Account Abstraction integration, aggregation of more protocols, and fixing the broken trading UX - the focus remains still, shaping the scope of tasks we plan to accomplish:

  • Kicking off the VOOI V2 within Phase 2;

  • Derivatives Marketplace framework implementation;

  • Chain Abstraction support - to enable a one-click trading experience;

  • New exchanges and protocols integration - to cover traditional and crypto derivatives possible, and more.

Chains are still fragmented; Layer 2s and Alt-VM with non-EVM networks are still not being close friends - a lot of challenges, which will disappear in the upcoming time.

Though a lot of work has been done in 2024, the upcoming 2025 has a greater number of milestones that VOOI will be accomplishing.

In May ‘24 we welcomed our first users of VOOI: some of you have been using VOOI since the launch, and some of you joined later.

Big thanks for your support, feedback, and activity this year!

There are a lot of ATHs and launches we went through, and 2025 feels like an exciting journey, full of derivatives, grand launches - one of a lifetime.

The upcoming release of VOOI V2, more thrilling campaigns, and big announcements - next year promises to be huge.

Trade any derivatives on VOOI, test out your strategies - and don’t forget about fun

Everything’s VOOI. Or on VOOI. Doesn’t matter.

Let’s enter 2025 together!

Read the original on vooi.substack.com

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