Rho Labs

Since Rho Protocol went live in May 2024, thousands of traders have taken advantage of Rho, the first cryptonative rates market, to hedge, profit from, and manage risk on both funding and staking rates across multiple markets, more than on any other venue of its kind.

According to DeFiLlama, $29B+ in cumulative volume traded to-date.

Rho pioneered the first virtual Automated Market Maker for crypto rates trading with V1 version.

Now, Rho X augments the vAMM with traditional orderbook architecture for a professionalized trading experience.

Some highlights:
– Full control: traders have full and precision control over order size and timing.
– Speed: near instant execution.
– Costs optimized: gas fees are not required for trading on the platform.

Rho offers funding rates on Binance, Bybit, and OKX, as well as Ethereum staking rates. Recently, Rho added PerpDEX funding rate futures on Hyperliquid, dYdX, and Aster marking the first DEX rate integrations on the platform.