RabbitX
RabbitX is a decentralized perpetual futures and derivatives exchange, designed to offer traders a seamless and efficient trading experience with aggregated liquidity across multiple blockchains. Built with advanced ZK (Zero Knowledge) technology, RabbitX provides high-speed trading with Ethereum-level security and zero gas fees.
The platform allows users to trade various crypto assets with leverage of up to 20x and features a hybrid orderbook model, combining the speed of off-chain order execution with on-chain settlement. This ensures fast, secure transactions and reduces latency to milliseconds, far outperforming other decentralized exchanges.
RabbitX is powered by a robust risk engine that helps protect both traders and the platform from potential insolvencies. The platform also offers features like 24/7 customer support, a trader-friendly user interface, and a global market offering, including crypto, FX, commodities, and soon, interest rates.
Key Features:
- High-speed trading: Achieved through a hybrid orderbook model, offering millisecond latency.
- Zero gas fees: No fees for executing orders, making trading cost-effective.
- Security: Built on Ethereum, leveraging its security for transaction finality via Layer-2 solutions.
- No front-running: Independent operations without involvement of market-making firms.
- Risk management: A strong risk engine to ensure the platform remains solvent.
RabbitX was founded in 2021, initially as Strips Finance, focusing on decentralized interest rate swaps. The platform rebranded and expanded its mission to cover a wide range of global asset classes. Backed by top investors, including Sequoia Capital, Multicoin Capital, and Crypto.com, RabbitX is focused on building a more efficient financial ecosystem for traders.