TechFlow reported on February 12, according to Chainwire, that Web3 investment firm and market maker DWF Labs has invested in Bidask Protocol, a decentralized exchange on the TON blockchain, establishing a strategic partnership between the two parties.
According to the announcement, DWF Labs may participate as a market maker for the platform. Bazrov Stepan, CTO of Bidask Protocol, stated that the second version of the protocol will adopt a smart contract architecture customized specifically for the TON ecosystem, aiming to reduce blockchain network load and enhance protocol throughput. Bidask Protocol is a centralized liquidity decentralized exchange built on the TON blockchain, supporting features such as customizable liquidity structures and partial order execution.
