Tradoor

Tradoor is an on-chain derivatives protocol on TON that offers options and perpetual futures in a single interface across web, mobile and a Telegram Mini App. It uses external price feeds, a pool-based counterparty model and controls designed to keep execution predictable and resistant to congestion. A “Price Lock” flow aims to bind the execution to a quoted level, while “Turbo Mode” targets very fast confirmations for retail-style, one-tap trading.

Pricing and risk are driven by a Normal-Distribution-based market-making model (NDMM). Liquidity providers (LPs) passively face traders at the same prices at which positions are opened, closed or liquidated. A premium function derived from the cumulative normal distribution links contract pricing to pool exposure, and funding is computed on a rolling basis. When pool exposure becomes imbalanced, an Auto-Deleveraging (ADL) back-stop can reduce opposing positions to restore counterparties.

The Tradoor Liquidity Provider (TLP) pool absorbs LP risk and collects protocol revenues. Its economics specify how subscriptions, redemptions, fees, funding income and trader PnL accrue to the pool, including lock-in and loss-recovery incentives.

For market data, Tradoor integrates Pyth price feeds using a pull model on TON to fetch sub-second updates for supported markets, which the protocol uses for marking-to-market, triggering events and showing prices in the UI.

TRADOOR functions as Tradoor’s utility and rewards token within the product suite. It is linked to user incentives across the platform, including trading activity, referrals and task-based campaigns surfaced in the Mini App. Points earned in the programme ($DOOR) are designed to be convertible into the TRADOOR token at the token generation event, aligning distribution with actual usage. Programme parameters and accrual rules are defined by the project and may change over time.

Within the broader mechanism design, TRADOOR supports long-term participation by tying rewards to behaviours that improve market depth and activity around perps and options. Users engage through trading, referrals and task flows; the protocol’s risk engine (NDMM, funding, ADL) and oracle integration operate independently of the token but provide the context in which token-linked incentives apply.