what's Tea-REX?
Tea-REX is a decentralized margin trading platform built on the Sei Network, designed to facilitate high-speed, efficient trading of cryptocurrencies with leverage. It leverages Sei's parallelized EVM architecture to enable low-latency execution, making it suitable for perpetual futures and spot margin trading. The platform supports a variety of assets, including wrapped Bitcoin variants like brBTC and M-BTC, as well as native tokens such as SEIYAN, providing users with tools for hedging, speculation, and liquidity provision in a secure, non-custodial environment. To ensure reliable price feeds and market data, Tea-REX integrates Chainlink oracles, including DataLink for institutional-grade data and Data Streams for sub-second updates on major assets like BTC, ETH, and SEI. This integration minimizes oracle risks and enhances the accuracy of trades, supporting advanced features like automated margin calls and risk management. The platform's "jungle" themed ecosystem emphasizes community-driven growth, with mechanisms for users to deploy capital, earn yields, and participate in DeFi primitives. Tea-REX aims to bridge traditional finance trading experiences with blockchain efficiency, targeting both retail and institutional users on Sei. By focusing on real-time data and seamless integrations, it contributes to the broader tokenization and DeFi landscape on high-performance layer-1 networks.
Tea-REX is a fast-growing protocol with over $1M TVL weekly on Sei chain.
Links
x.com/0xtearexRanked among the fastest-growing protocols on a weekly basis with at least $1M TVL on Sei chain.
Margin trading platform integrates Chainlink on Sei blockchain, now supporting markets for brBTC, M-BTC, and SEIYAN with institutional-grade data, and integrating Chainlink Data Streams for sub-second markets around BTC, ETH, and SEI.