{"version":1,"id":"treadfi","title":"Tread.fi","summary":"Tread.fi is an organization that provides an institutional-grade algorithmic trading terminal and OEMS that enables algorithmic execution, market-making, and unified CEX/DEX trading for digital-asset traders.","content":"**Tread.fi** is an algorithmic trading terminal and order and execution management system (OEMS) for digital assets, operated by Tread Labs Corporation. Founded in 2022 and headquartered in New York, New York, the platform lets retail and institutional traders route and automate orders across multiple [centralized exchanges (CEXs)](https://iq.wiki/wiki/cex-centralized-exchange), perpetual [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) (perpetual [DEXs](https://iq.wiki/wiki/decentralized-exchange)), and on-chain swap protocols from a single interface.[\\[1\\]](#cite-id-kq5qcpqqyp)​[\\[2\\]](#cite-id-4d6ypjefa8) \n\n## Overview\n\nTread.fi positions itself as a unified trading terminal that connects to a trader's existing CEX and DEX accounts, so that spot and perpetual-contract trading across venues can be managed from one place.[\\[2\\]](#cite-id-4d6ypjefa8) Users connect their own exchange accounts using API keys or a [Web3](https://iq.wiki/wiki/web3) wallet, meaning trades execute against the user's own accounts rather than funds custodied by Tread.fi.[\\[3\\]](#cite-id-6qziiafu0y) The documentation frames the product as a \"high-performance algorithmic trading terminal and OEMS built for retail and institutional crypto traders\" that optimizes for minimal execution costs through smart order routing.[\\[4\\]](#cite-id-mq5wuidm8n)​\n\nOnboarding follows three steps described on the site: a user creates an account by signing up with an email address or a Web3 wallet, connects their exchange accounts via API keys or wallet, and then begins trading — either by swapping directly with the trading engine or by using the advanced terminal to fine-tune an execution strategy.[\\[3\\]](#cite-id-6qziiafu0y) The interface exposes product categories the company calls \"Algo Orders\" and \"Multi Orders,\" along with AI-powered strategy recommendation that lets users optimize for either market impact or opportunity cost.[\\[3\\]](#cite-id-6qziiafu0y) The company's stated tagline summarizes the offering as the ability to \"Automate trades, access CEXs and DEXs, and minimize [slippage](https://iq.wiki/wiki/slippage) with ease.\"[\\[1\\]](#cite-id-kq5qcpqqyp)​\n\n## Products and Features\n\nThe core of Tread.fi is a suite of execution algorithms. The platform supports volume-weighted average price (VWAP) and time-weighted average price (TWAP) execution, automated market-making bots, funding rate [arbitrage](https://iq.wiki/wiki/arbitrage), and smart order routing intended to reduce market impact and transaction costs.[\\[2\\]](#cite-id-4d6ypjefa8) Traders can configure strategy parameters including margin, [leverage](https://iq.wiki/wiki/leverage), bid-ask spread, and stop-loss.[\\[2\\]](#cite-id-4d6ypjefa8)​\n\nThe documentation groups these into several named capabilities. Automated market making is offered through a specialized bot that uses smart order routing to keep limit orders competitive, allowing users to capture spreads and provide liquidity; the company states such strategies can be deployed \"in a few clicks.\"[\\[4\\]](#cite-id-mq5wuidm8n) Funding rate arbitrage lets users earn funding-rate yields while remaining delta-neutral, executing and monitoring both legs of a long/short trade through a unified dashboard with tools to manage delta and reverse positions.[\\[4\\]](#cite-id-mq5wuidm8n) The platform emphasizes execution cost efficiency by prioritizing maker fills and reducing unnecessary taker fees, and execution cost transparency by giving users visibility into transaction costs, order performance, and execution quality.[\\[4\\]](#cite-id-mq5wuidm8n) \n\n### vCeFi\n\nTread.fi offers a feature it labels **vCeFi** (\"Verifiable, On-Chain\"). The feature lets a user \"Soulbound\" their [CEX](https://iq.wiki/wiki/cex-centralized-exchange) trading data privately on-chain in order to generate verifiable zero-knowledge proofs (zk-proofs) of their [centralized-finance (CeFi)](https://iq.wiki/wiki/cefi-centralized-finance) trading strategies — that is, a way to prove a trading track record cryptographically without exposing the underlying trades.[\\[3\\]](#cite-id-6qziiafu0y) The concept was introduced in an April 17, 2025 blog post, \"Introducing vCeFi,\" which described it as unlocking \"_transparency, automation, and trustless interaction across_ [_CeFi_](https://iq.wiki/wiki/cefi-centralized-finance) _and_ [_DeFi_](https://iq.wiki/wiki/defi).\"[\\[5\\]](#cite-id-rzn7cyllqd)​\n\n### API, Deployment, and Security\n\nAlongside the web application, Tread.fi provides a REST application programming interface (API) and WebSocket integration so that traders can execute programmatically or connect the engine to existing systems for custom execution and automation.[\\[4\\]](#cite-id-mq5wuidm8n) For clients requiring maximum privacy, self-deployment (on-premise hosting) options are available for \"complete privacy and control.\"[\\[3\\]](#cite-id-6qziiafu0y) The company also markets a white-label offering: a July 17, 2025 post described a white-label stack delivering an OEMS with standardized REST API and WebSocket endpoints for CEX and DEX trading plus institutional-grade execution algorithms.[\\[1\\]](#cite-id-kq5qcpqqyp)​\n\n### Agentic Trading Platform\n\nTread.fi has expanded its positioning to that of an \"agentic trading platform,\" describing the application at app.tread.fi as \"a universal trading desk where every user is helping to contribute to a shared brain.\"[\\[6\\]](#cite-id-jmv68brv8q) The company frames the concept against a conventional trading desk, where, in its words, \"the alpha lives in people, and people don't pool it\" — a pooling problem it aims to address through shared, reusable custom agents.[\\[6\\]](#cite-id-jmv68brv8q) The company has stated it uses large language models (LLMs) \"extensively for our product development,\" a theme developed in an August 20, 2025 blog post titled \"LLMs, Taking 0x to 1x and Beyond.\"[\\[5\\]](#cite-id-rzn7cyllqd)​\n\nThe agentic marketplace is governed by a proposal Tread.fi calls TIP-3. Under it, sponsors can lock TREAD tokens to reserve a limited slot in the custom-agent marketplace; each slot is occupied by an agent built by a party the company calls a Creator, and both the sponsor and the creator receive a share of the fees the agent generates.[\\[6\\]](#cite-id-jmv68brv8q) \n\n## Tokenomics\n\nTread.fi has a native token, $TREAD, whose primary utility to date is a trading-fee discount structure introduced through a proposal called TIP-1. Announced in September 2025 and confirmed live on September 22, 2025, the \"TIP-1 Fee Tiers\" combine two inputs: a trader's rolling 14-day volume and the amount of TREAD they hold.[\\[6\\]](#cite-id-jmv68brv8q) Trades on TREAD/[USDC](https://iq.wiki/wiki/usdc) pairs carry zero builder fees.[\\[6\\]](#cite-id-jmv68brv8q) To qualify, users deposit TREAD into a Tread UOA Wallet or link an external holding wallet.[\\[6\\]](#cite-id-jmv68brv8q)​\n\nThe TREAD holdings tiers grant escalating discounts on [trading fees](https://iq.wiki/wiki/trading-fee):\n\n* 1,000 TREAD — 10% discount\n* 10,000 TREAD — 25% discount\n* 100,000 TREAD — 50% discount\n* 1,000,000 TREAD — 100% discount\n\nThese discounts stack on top of the volume-based tiers.[\\[6\\]](#cite-id-jmv68brv8q)​\n\n## History and Integrations\n\nTread.fi was established in 2022 by a team that included former Morgan Stanley vice president David Jeong, and began publicly documenting its product releases through 2024 and 2025.[\\[2\\]](#cite-id-4d6ypjefa8)​[\\[1\\]](#cite-id-kq5qcpqqyp) Its first major expansion beyond centralized exchanges came on February 5, 2025, when it added support for [Hyperliquid](https://iq.wiki/wiki/hyperliquid), a move the company called a \"Huge milestone for tread.fi as we venture into the world of DEXs.\"[\\[5\\]](#cite-id-rzn7cyllqd) It described VWAP execution workflows in a June 6, 2025 post, and on June 27, 2025 announced forthcoming DEX trading with support for any contract address and multi-chain coverage across [Ethereum](https://iq.wiki/wiki/ethereum), [Solana](https://iq.wiki/wiki/solana), [Base](https://iq.wiki/wiki/base), and BSC on day one, together with smart order routing and a full data terminal.[\\[5\\]](#cite-id-rzn7cyllqd)​[\\[1\\]](#cite-id-kq5qcpqqyp)​\n\nA cluster of releases followed in September 2025. OKXDEX integration went live on September 2, 2025.[\\[5\\]](#cite-id-rzn7cyllqd) On September 4, 2025, the company launched DEX trading across CEX, DEX, and perpetual DEXs in one terminal, brought the full institutional-grade algorithm suite to mobile, and made its high-frequency-trading algorithms available on Telegram.[\\[5\\]](#cite-id-rzn7cyllqd) An October 14, 2025 post described using automated volume generation to farm Hyperliquid points.[\\[5\\]](#cite-id-rzn7cyllqd) The company has separately reported self-measured activity figures, including \"$203M+ in daily volume\" cited on August 8, 2025.[\\[1\\]](#cite-id-kq5qcpqqyp)​\n\n## Funding\n\nTread.fi raised $3.5 million in a pre-seed round announced on July 10, 2024.[\\[1\\]](#cite-id-kq5qcpqqyp) The company described the round on its blog as \"$3.5M Pre-Seed Funding\" that was \"Backed by New Form and leading investors,\" positioning it to deliver \"a stronger platform for our clients.\"[\\[5\\]](#cite-id-rzn7cyllqd) The investors named for the round are New Form Capital, [Aquanow](https://iq.wiki/wiki/aquanow), Varys Capital, GBV Capital, and Thanefield Capital.[\\[2\\]](#cite-id-4d6ypjefa8) The financing was covered on the day of announcement by FinSMEs (\"Tread.fi Raises $3.5M in Pre-Seed Funding\"), PR Newswire (\"Tread.fi Raises $3.5 Million Pre-Seed Investment, Launches Crypto Native OEMS\"), and [The Block](https://iq.wiki/wiki/the-block) (\"Ex-Morgan Stanley VP raises $3.5 million pre-seed for algorithmic crypto trading platform Tread.fi\").[\\[1\\]](#cite-id-kq5qcpqqyp) As of the most recent reporting, the $3.5 million pre-seed remains the company's total disclosed funding.[\\[1\\]](#cite-id-kq5qcpqqyp)​\n","categories":[{"id":"organizations","title":"organizations"}],"tags":[{"id":"DataPlatform"},{"id":"Ethereum"},{"id":"Solana"},{"id":"Base"},{"id":"BNBChain"}],"images":[{"id":"Qmc9kGpPBQJ8C1ZwxXXdeJbU6pReoZgHWU3REWRH1mJCX9","type":"image/jpeg, image/png"}],"media":[],"metadata":[{"id":"references","value":"[{\"id\":\"kq5qcpqqyp\",\"description\":\"LinkedIn: Tread.fi\",\"timestamp\":1790393687952,\"url\":\"https://www.linkedin.com/company/tread-fi/\"},{\"id\":\"4d6ypjefa8\",\"description\":\"RootData: Tread.fi\",\"timestamp\":1790393708567,\"url\":\"https://www.rootdata.com/projects/detail/Treadfi?k=MTM0NDg%3D\"},{\"id\":\"6qziiafu0y\",\"description\":\"Tread.fi Website\",\"timestamp\":1790393701851,\"url\":\"https://www.tread.fi/\"},{\"id\":\"mq5wuidm8n\",\"description\":\"Tread.fi Documentation\",\"timestamp\":1790393719016,\"url\":\"https://docs.tread.fi/\"},{\"id\":\"rzn7cyllqd\",\"url\":\"https://www.tread.fi/blog\",\"description\":\"vCeFi blog introduction\",\"timestamp\":1790392818980},{\"id\":\"jmv68brv8q\",\"description\":\"Tread.fi X Account\",\"timestamp\":1790393728684,\"url\":\"https://x.com/tread_fi\"}]"},{"id":"rootdata_profile","value":"https://www.rootdata.com/Projects/detail/Tread.fi?k=MTM0NDg="},{"id":"website","value":"https://www.tread.fi/"},{"id":"twitter_profile","value":"https://x.com/tread_fi"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/tread-fi/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/tread-fi"},{"id":"youtube_profile","value":"https://www.youtube.com/@tread_fi"},{"id":"discord_profile","value":"https://discord.com/invite/wwNJz8gmDb"},{"id":"main-image-origin","value":"{\"imageId\":\"Qmc9kGpPBQJ8C1ZwxXXdeJbU6pReoZgHWU3REWRH1mJCX9\",\"originalId\":\"QmSZHxbSyDj7uUpZNCma7c4f6tEn3d1nvgizRh7yhosWA1\"}"},{"id":"commit-message","value":"Create Tread.fi wiki"}],"events":[{"type":"CREATED","title":"Founded","date":"2022-01-01","description":"","link":null,"multiDateStart":null,"multiDateEnd":null,"id":"248e4fe8-c8fa-4259-a46c-79792bbc4fcc"},{"type":"DEFAULT","title":"$3.5M pre-seed funding","date":"2024-07-01","description":"$3.5M pre-seed funding round","link":null,"multiDateStart":null,"multiDateEnd":null,"id":"c2cdf3b9-f6c8-4bbb-9a27-e59ac6f299bd"}],"linkedWikis":{"founders":[],"blockchains":[],"speakers":[]},"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x4a2bC97afBF41a2Cbf4b4628F63420682Ff4CF2a"},"language":"en","operator":{"id":"0x4a2bC97afBF41a2Cbf4b4628F63420682Ff4CF2a"}}