Tread.fi
TREADInstitutional-grade algorithmic trading and market-making platform for digital assets
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.13% | 11.63% | 13.12% | 23.07% | -- | -- |
Comparison
Tokenomics
Unlock Progress
Data source: CoinGecko
TREAD is a consumable utility token used for fee discounts, agent marketplace listings, and recruitment slots, with no staking-based issuance. Supply is fixed with no additional issuance.
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x0fce...3f66 |   TREAD | 30,821,156.21 | 30.82% | $28.25M |
| 0x005b...5a73 | TREAD | 23,800,000 | 23.8% | $21.81M |
| 0xe68a...e311 | TREAD | 11,284,492.65 | 11.28% | $10.34M |
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About Tread.fi
Tread.fi is an algorithmic trading terminal and order execution management system for crypto founded in 2022. Users connect their own exchange API keys or a Web3 wallet and trade from one screen across Binance, OKX, Bybit, Deribit and perpetual DEXs such as Hyperliquid and Paradex, with TWAP, scaled orders and smart order routing, then receive cost reports measured against arrival price and VWAP. vCeFi writes CEX fills on-chain as soulbound credentials, using zero-knowledge proofs to attest a strategy's history without revealing details. There is no platform fee on CEX venues, while DEX venues carry a 2.5 basis point builder fee.
It targets the fragmentation of multi-venue execution: a strategy is configured once and filled in many places, with slippage and fees attributed on one report, and institutions can self-host the whole engine. The REST API is limited to enterprise plans, and public materials contain no third-party audit report.
Token launch: TREAD went live at 13:00 UTC on September 16, 2026 with a fixed 100 million supply and no mint function, listing the same day on Kraken, MEXC (with a 40,000 USDT airdrop event) and Hyperliquid as a TREAD/USDC spot asset.
Unlocks and design: The genesis distribution of 15.2 million tokens (15.2%) was fully unlocked by past usage, while team and Tread Labs allocations totaling 41.8% lock for one year then vest linearly over three. The token is consumptive utility, unlocking fee discounts and agent marketplace listings without paying yield.
In July 2026 Tread.fi issued TREAD, a fixed-supply ERC-20 whose only job is fee tiers: holding 1,000 tokens cuts the builder fee by 10%, 10,000 by 25%, 100,000 by 50% and 1,000,000 removes it entirely, measured on a daily snapshot. The same period brought auto-rebalancing for funding-rate arbitrage, with a bot watching margin ratios on both venues around the clock, moving collateral or trimming positions when one side runs short and closing out when the spread flips.
Tread.fi's terminal kept widening. After HIP-3 markets it added tokenised US equities, indices and metals to the same screen, and connected prediction markets before the World Cup so centralised venues, perpetual DEXs and event contracts share one order flow and cost report. Company figures cite over $10 billion in cumulative volume, roughly 50,000 orders a day and 6,700 pairs. Independent reviews note the absence of a published audit and a roughly 78% drop in Hyperliquid usage after its points programme ended.
Tread.fi's Future strategy and roadmap: bring prediction markets into automated strategies, add third-party audits and key isolation, and use TREAD discounts to keep high-frequency traders on the terminal.
David Jeong — Co-founder & CEO; computer science graduate of the University of Waterloo, spent seven years at Morgan Stanley, latterly VP of quantitative research in institutional equities.
Weishuai Yang — Co-founder & CTO; leads the matching and algorithmic execution engine.
Yibo Duan — Co-founder.