> For the complete documentation index, see [llms.txt](https://x-by-tegro.gitbook.io/x-by-tegro/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://x-by-tegro.gitbook.io/x-by-tegro/introduction.md).

# Introduction

<figure><img src="/files/qc2V5I7gLCqmHfbY9XcQ" alt=""><figcaption></figcaption></figure>

[**Tegro: The CEX-DEX**](https://x.tegro.com) is an advanced decentralized NFT trading protocol packed with features designed to streamline and enhance your trading experience.

### How did we reach here?

We had an extraordinary Phase One of our Beta, where we accomplished numerous achievements, such as:

✅ Surpassing $200,000 in monthly trade volumes

✅ Launching 15+ NFT markets

:white\_check\_mark: Helping 6 NFT markets achieve ATHs

✅ Attracting 1,000,000+ Impressions on Twitter

:white\_check\_mark: Garnering 150,000+ Video views

✅ Growing to a 40,000+ Member strong community

<figure><img src="/files/E9ClxCem48g9oh5N0H4f" alt=""><figcaption></figcaption></figure>

Throughout Phase 1 of the beta, we tackled one central question: How can we elevate the experience for an NFT trader? We considered the typical issues an NFT trader faces:

* **Fragmented Liquidity:** NFT liquidity is scattered across platforms, making global price discovery nearly impossible.
* **Not Trader-friendly:** Most platforms are optimized for collectors rather than traders. Essential trading features such as Limit Orders and Order Books are often unavailable for NFTs, which discourages high-frequency trading.
* **Discovery:** The use of floor price as a proxy for the health of a collection is not a correct representation of an NFT’s current market value.

We also realized that decentralization and self-custody were very important in our quest to go to the next level. Decentralization would allow us to give access to numerous new markets in a permissionless manner and launch Tegro as a truly global platform. Meanwhile, by embracing the self-custody principle of *"Your Keys, Your NFTs,"* we can grant users complete control over their digital assets during the entire trading lifecycle.


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