Rage Trade - yield and perpetual protocol built on Arbitrum and LayerZero.
What is Rage Trade?
Rage Trade is building the most liquid, composable, and only omnichain ETH perp (powered by UNI v3).
Our core features are:
- ETH perp with 10x leverage
- Omnichain recycled liquidity
- Yield generating 80-20 Vaults
What is omnichain recycled liquidity?
Recycled liquidity allows Rage to re-use ETH+USD liquidity across chains and protocols to LP into our ETH perp.
If you LP in:
- AMMs (Curve, Balancer, Sushi)
- Money Markets (Aave, Rari, Euler)
- Derivatives (GMX, Ribbon)
Then you can recycle your LP shares into Rage using our 80-20 Vaults. This allows users to earn extra yield on their LP shares. And enables Rage to unify liquidity into an omnichain ETH perp.
What are 80-20 Vaults?
Each 80-20 vault accepts a different LP position as collateral (for example: Curve Tri-Crypto). The vault recycles these LP shares to provide liquidity in Rage's ETH perp. The goal of the 80-20 vault is to earn additional yield on your LP position while replicating the payoff of an ETH-USD LP in Uniswap v2.
The vault maintains the following distribution of assets:
- 80% of TVL lives in a yield-generating service (Curve, GMX, Sushi etc)
- 20% of TVL provides concentrated liquidity on Rage Trade
To attract all possible ETH+USD yield-generating assets, LPs will be able to recycle liquidity from all Layer Zero compatible chains. To see a full list of compatible protocols and chains, see Protocols and Chains.
How can Getting started?
1. Deposit & trade
- select Arbitrum chain, How to add Arbitrum chain?? use Chainlist simple add RPC
- connect wallet
- start Deposit $USDC, & approve metamask pop up
- choose LONG or SHORT position
- now you have got the position
2. Withdrawal
- click wallet, & select the withdrawal you want
3. Deposit into the vaults
As of now, only one vault is available and 88% of its capacity is already filled. Deposit your Curve LP, USDC, WETH, or ETH into the vault.
More information, Join the Community!
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Thanks For Reading 😊
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