According to the company’s announcement, Coinbase Ventures and AllianceDAO’s funding will advance o1.exchange’s Base chain trading terminal and introduce high-rate cashback and referral incentives alongside advanced trading features.
o1.exchange announced it has raised $4.2 million in funding led by Coinbase Ventures and AllianceDAO to develop the first comprehensive trading terminal on the Base chain. The platform will introduce a cashback program offering a 45% refund rate and a referral revenue share of 41%. Planned features include one-block trade execution, multi-wallet and self-custody management, cross-chain support, TradingView integration, a Base chain launchpad, and Uniswap V4 integration. Advanced order options such as limit orders, sniping, and TWAP will also be available.