what's Toro DEX?

Toro DEX is a decentralized perpetual futures exchange (perp DEX) built natively on the Sei blockchain. It combines CEX-like speed and user experience with full on-chain settlement and transparency, leveraging Sei's parallelized EVM for up to 20,000 TPS and 380ms finality—the fastest in DeFi. This eliminates front-running risks and enables high-frequency trading in a fully decentralized environment. Key to its design is institutional-grade risk management: isolated markets per trading pair prevent contagion, oracle-anchored price bands deter manipulation via bandwidth costs, dynamic funding rates balance skew and utilization, and a multi-tier liquidation waterfall prioritizes auctions and insurance funds before rare auto-deleveraging. Traders access perpetuals on crypto assets and RWAs like stocks with up to 20x leverage.