Introducing RabbitX — A Decentralized Derivative Protocol

Having an Open and transparent financial system is essential.

This why Decentralized Perpetual Protocols is gaining traction.

However, When targeting a derivative platform, here are some basic factors you need to know

Some derivatives protocols now offers Zero fees while trading. This is an essential feature.

📌Having adequate liquidity locked
📌Max. Leverage
📌Number of Market Pairs
📌Interest and funding rate
📌Speed and latency
📌Offers
📌Total Decentralization

A Derivative Protocol should be decentralized enough and not controlled by some centralized entity.

rabbitx is a perpetual Protocol built on starknet that aims to provide a global permissionless perpetual and derivative exchange.

They raised Upto $8 million from Okx ventures, Sequoia and other huge Investors.

The security of Onchain settlements of this platform is top notch. Rabbitx have been able to achieve Faster latency than most Derivative Protocol.

📌Zero gas trading

📌20x leverage

📌Orderbook liquidity

📌24/7 Support

📌Various Market Pairs

📌Nice User interface

Try out RabbitX : rabbitx.io/deck

Having maximum knowledge of trading is required.

They’ve also organized Liquidity Incentive Program for liquidity providers. 7.5% of the initial token supply of RabbitX tokens (75,000,000 RBX) will be distributed to Liquidity Providers (LP) over two years based on metrics. The program is currently open : Apply Here

This mark the end of this article. Kindly follow and Applaud this post.