Official Announcement
Hello Torsy community,
Due to current market conditions, limited funding availability, and the increasing difficulty of sustainably maintaining centralized exchange (CEX) requirements, the team has made the strategic decision to focus trading exclusively on decentralized exchanges (DEXs).
Operating on centralized exchanges requires significantly more than just being listed. Maintaining healthy daily trading volume demands continuous market-making (MM) support, which comes with substantial ongoing costs. These services are necessary to keep order books active, reduce slippage, and meet exchange performance expectations — but they place constant financial pressure on project resources.
In addition, centralized exchanges involve high listing-related expenses, recurring service fees, and trading fee structures that are far less flexible than decentralized alternatives. During strong market cycles, these costs can be manageable. However, under current market conditions, sustaining these financial obligations would divert critical resources away from what truly matters: building the product, growing the community, and expanding the ecosystem.
By focusing on decentralized exchanges, we remove the heavy financial burden of market-making contracts, artificial volume targets, and centralized platform maintenance costs. This allows us to operate more efficiently, allocate funds directly toward development, and build long-term value in a more transparent and sustainable way.
Torsy remains active, the mission remains unchanged, and our commitment to innovation is stronger than ever. We encourage everyone to continue supporting the project with confidence as we move forward with a leaner, smarter, and more sustainable strategy.
Thank you for believing in the project — our strongest asset has always been our community.
Onward and upward!
The Torsy Team
