Rage Trade: A Multi-Chain Perpetual Futures Aggregator

In the rapidly developing field of cryptocurrency trading, managing multiple blockchain ecosystems can be cumbersome and fragmented. Traditional trading platforms often restrict traders to a single chain or provide limited liquidity, resulting in inefficiency and missed opportunities. This complexity and inconsistent access make it difficult for traders to achieve an ideal trading experience.

Rage Trade emerged to address these issues as a revolutionary multi-chain trading aggregator. It is designed to integrate Liquidity from different blockchain networks into a unified platform, eliminating the issue of Liquidity fragmentation. By optimizing trading paths and seamlessly connecting with your favorite EOAWallet, Rage Trade provides users with an efficient and simplified trading experience. With its advanced technology and comprehensive solutions, Rage Trade ensures that you can easily and accurately manage and execute trades on multiple on-chain, overcoming the limitations of traditional platforms and creating new opportunities for traders and investors.

What is RAGE Trade?

Source: Rage Trade X

Rage Trade is a multi-chain trading aggregator that supports operation on multiple compatible blockchains (including EVM L2, L1, application chains, and Cosmos). It provides traders with unified Liquidity across multiple markets and chains, bringing an integrated trading experience similar to popular trading platforms, while also offering more powerful features. By aggregating Liquidity and optimizing trading paths, Rage Trade ensures that users can trade efficiently, improving trading conditions and expanding access to a diverse blockchain ecosystem.

The mission and vision of Rage Trade

Rage Trade is committed to providing a unified and efficient platform that aims to bridge the Liquidity gap and optimize the trading experience across multiple Blockchain networks. Our vision is to create a seamless multi-chain trading environment that allows users to enjoy deep Liquidity and the best trading conditions. By integrating various Blockchain technologies and improving user experience, Rage Trade hopes to fundamentally change how traders access and manage their investments, and promote the development of a more interconnected and efficient Decentralized Finance (DeFi) ecosystem.

The application scenarios of Rage Trade

Rage Trade is suitable for a variety of trading scenarios, providing significant advantages for different trading situations:

  • Arbitrage opportunity: Traders can use Rage Trade to find and capture arbitrage opportunities between chains and markets. By accessing unified Liquidity Depth, users can maximize their profits by taking advantage of price differences across multiple platforms.
  • Optimized trading path: The platform's advanced routing technology ensures that trades are executed at the best price. Users can enjoy the convenience of automatic selection of trading paths, optimizing factors including the best price, lowest fees, and favorable interest rates, thereby improving overall trading efficiency.
  • Access diverse markets: Rage Trade allows users to access various markets and assets on multiple Blockchain networks, enabling traders to diversify their investment portfolios, explore new investment opportunities, and not be limited by a single chain.
  • Enhanced Liquidity Management: By aggregating Liquidity, Rage Trade provides traders with Depth Liquidity across multiple chains, reducing Slippage and improving trade execution efficiency, especially suitable for Block Trading and high-frequency trading strategies.
  • Seamless integration with EOAWallet: The platform is compatible with the mainstream EOAWallet, allowing users to start trading immediately by connecting their existing Wallet, improving convenience and accessibility.

The technology behind RAGE Trade

Rage Trade relies on a powerful technical framework to support its multi-chain trading functionality. Its core technologies include several important components:

Multi-Chain Liquidity Aggregation

The technical core of Rage Trade is the ability to aggregate Liquidity across different blockchain networks. This is achieved through integration with EVM L2, L1, application chains, and Cosmos-based chains. The platform integrates multiple order books and Liquidity sources, enabling users to access a variety of assets and markets.

Intelligent Routing Algorithm

Rage Trade uses advanced routing Algorithm to ensure that trades are executed in the best possible way. These Algorithms analyze prices, fees, and financing interest rates to determine the most efficient trading path, helping users achieve better trading results and reduce the risk of encountering unfavorable conditions.

User-friendly interface and experience

The platform has designed an intuitive and easy-to-use user interface (UI) and user experience (UX) that allows users familiar with popular trading applications to easily get started. This design allows users to easily navigate the platform, execute trades, and manage investment portfolios with a small learning curve.

Compatibility with EOA Wallet

Rage Trade can seamlessly connect with existing external account (EOA) Wallets, allowing users to start trading immediately by simply connecting their favorite Wallet. This compatibility enhances user convenience and ensures smooth trading process.

Enhanced Liquidity Management

The platform's Liquidity management system ensures deep and consistent Liquidity across multiple chains. This reduces Slippage in trading, improves trading execution efficiency, and brings users a more efficient and reliable trading experience.

The key features of Rage Trade

Rage Trade has several key features that make it significantly different from traditional trading platforms:

Unified Liquidity Integration

Rage Trade integrates Liquidity from multiple blockchain networks, including EVM L2, L1, application chains, and Cosmos-based chains, to form a unified Liquidity model. This allows traders to access deep Liquidity pools, improve trading execution efficiency, and reduce Slippage.

Optimized Trading Path

The platform uses advanced routing Algorithm, which can automatically select the best trading path based on price, fees, and financing Intrerest Rate. This ensures that users can trade under the most favorable conditions and improve trading efficiency.

Seamless EOA Wallet Integration

Rage Trade supports integration with popular external Own account (EOA) Wallets, allowing users to quickly connect their existing Wallets and start trading immediately. This feature greatly enhances user convenience and simplifies the trading process.

Automated Path Marking

The platform's Path Selector automatically marks incentive information for trade paths, such as best price, lowest fee, and favorable financing Interest Rate. This automation not only simplifies the trading process but also helps users make wiser decisions.

Enhanced Cross-Chain Interaction Functionality

Rage Trade provides improved bridge functionality between multiple chains and assets, making it easy for users to seamlessly transfer and exchange assets. This feature enhances Liquidity management and supports various trading strategies.

User-friendly interface and experience

The interface of the platform is intuitive and easy to use, similar to common trading applications. This design ensures a smooth user experience, allowing traders to easily navigate the platform and manage their trades.

How to get started on Rage Trade

Source: RAGE Trade Website

It's very easy to start trading on RAGE Trade:

Register account You can visit the Rage Trade website and register a new account. When registering, you may need to provide some basic information and complete the relevant verification steps.

Connect EOAWallet

After the account is created, you can connect your favorite EOAWallet to the Rage Trade platform. This way, you can use your existing Wallet for trading and access your assets.

Deposit You can deposit funds into your Rage Trade account by selecting the appropriate blockchain network and transferring assets from your Wallet. The platform supports multiple chains, allowing you to choose the network that best suits your trading needs.

Explore Trading Options

Understand the various functions of the platform, explore available trading options. Use advanced routing tools to find the best trading path, optimize your trading strategy.

Execute Transaction Select the assets and markets you want to trade, and start trading. With the platform's unified Liquidity and optimized routing, you will be able to obtain the best trading conditions.

Monitor Your Trades

With the user-friendly interface of RAGE Trade, you can easily track your trades and market trends. The platform provides real-time updates and market analysis to help you make wise trading decisions.

Rage Trade recommended plan

Rage Trade has an attractive referral program designed to reward users who introduce new traders to the platform. You can earn rewards and benefits for each successful referral by participating in the referral program.

Specific operational steps for the referral program:

  1. Join the referral program: To participate, please register for the referral program through your Rage Trade account. You will receive a unique referral link that you can share with potential users.
  2. Share referral links: Share your referral link through social media, forums, or directly with friends and colleagues who may be interested in RAGE Trade. The more you share, the greater your chance of rewards.
  3. Earn Rewards: For each successful referral who registers and completes qualifying trades on Rage Trade, you will receive rewards. The specific rewards and terms may vary, please refer to the referral program details on the Rage Trade website.
  4. Tracking recommendations: Through your Rage Trade account dashboard, you can monitor referral activities and earnings, view the status of referrals, and see the rewards you have accumulated.

RAGE TradeToken tokenomics

Source: Rage Trade Document

The total supply of Token $RAGE for Rage Trade is 100 million, which has been carefully allocated to ensure the sustainable development of the project and active participation of users. The specific allocation is as follows:

  • Community Treasury (30%): Used for the long-term development of the project and user incentives, with a lock-up period of 12 months and a linear vesting period of 24 months.
  • Team (15%): Reserved for founders and team members to incentivize their ongoing contributions, using a similar vesting plan.
  • Private Purchasers (13.5%): Targeted at early supporters, with a 3-month lock-up period and a 15 to 21-month vesting period.
  • Public Sale (20%): Available for purchase immediately at the Token Generation Event (TGE).
  • Super Liquidity (10%): Permanently used for Liquidity provision.
  • Market Making/Product Incentive (5%): Unlocked at TGE for supporting Liquidity and community incentives.
  • Airdrop (6.5%): Reward for early users, with a lock-up period of 3 months, followed by a 3-month vesting period.
  • RAGE V1/V2 users and OG Spot traders (5.5%): incentive for early users and significant contributors.

Rage Trade Roadmap

Here is a brief introduction to the Rage Trade roadmap:

Q1 2024: Release of Aggregator LITE and Platform Upgrade

In the first quarter of 2024, Rage Trade successfully launched the aggregator Lite, which provides users with a simplified version of a multi-chain transaction aggregator. This release comes with significant improvements to the user interface and experience, making the platform more user-friendly and visually appealing. At the same time, the platform has completed key integrations, including GMX v1/v2 on Arbitrum and Synthetix v2 on Optimism, expanding liquidity sources. In addition, Rage Trade has integrated AppChains such as Hyperliquid and Aevo to provide more trading opportunities. The platform has launched fee refunds and held trader competitions on GMX v2 to increase user engagement, successfully promoting user activity and liquidity rise.

Q2 2024: Integration with dYdX v4 and the launch of Rage Points program

In the second quarter of 2024, Rage Trade will continue to develop by integrating dYdX v4 and introducing a highly advanced Decentralizationexchange into its ecosystem. This quarter, Rage Trade has also received funding from ARB, further promoting the project's development. In addition, Rage Trade has announced the highly anticipated Rage Points program, which aims to reward users and enhance community loyalty. Since its launch, the program has attracted more user participation, increased user retention, and Rage Trade continues to expand its services.

Q3 2024: Milestones for Token Sales and Decentralization

With the end of the third quarter of 2024, Rage Trade has achieved many important milestones. The successful token sales at Fjord Foundry and the token generation event (TGE) on Hyperliquid L1 have laid the foundation for deeper involvement in the Hyperliquid ecosystem, making Rage Trade an important participant. The platform has also begun the process of decentralization and plans to open source the Rage application to increase transparency and promote community innovation.

Q4 2024: Upcoming integration of Rage Perp Aggregator and new chain

Looking ahead to the last quarter of this year, Rage Trade is preparing to launch the highly anticipated Rage Perp Aggregator, which will provide unified Liquidity with Depth through Cross-Chain Interaction, fundamentally changing the way perpetual trading works. The platform will also expand its influence by integrating new ecosystems such as Solana and other emerging Blockchains. Advanced features such as smart routing and on-chain perpetual screening are about to be launched, providing traders with higher efficiency and accuracy, enhancing their experience with multi-chain transactions.

Rage Points Plan

The Rage Points program aims to reward active trading by users on the Rage aggregator. Each week, users' trading activity will be rewarded with points based on their volume, with a minimum volume of $20,000 required to start earning points. To increase competitiveness, users are divided into different leagues - BCD, Gold, Silver, and Bronze - with higher-ranking leagues offering more generous rewards. This league system allows more active traders to earn more points. Points will be distributed every Thursday, and rewards will be based on users' weekly volume and league level.

In addition to recognizing users' current activities, the program will also reward users based on their volume during the public launch of the Rage Aggregator, allowing early users to enjoy retroactive rewards. In addition, the program also has a referral point matching system, where referrers can earn points based on the volume of users they introduce to the platform. Rage Trade reserves the right to modify or terminate the program with one week's notice to ensure the transparency and flexibility of the program.

Rage Trade Financing

Source: Rage Trade X

Rage Trade's recent fundraising activities include a public sale held at Fjord Foundry, which raised $6 million in just 15 minutes. Future fundraising will focus on expanding the ecosystem, particularly reinvesting in Hyperliquid and other Decentralized Finance projects. The raised funds will be used to support ongoing development, provide liquidity, and incentivize the community, ensuring the platform's growth and sustainability.

Conclusion

Through its advanced multi-chain aggregator platform, Rage Trade is committed to solving the problem of liquidity fragmentation, improving the trading efficiency of different blockchain networks, and providing users with a more unified and smooth trading experience. Successfully implemented roadmap, including strategic token sales and innovative Rage Points plan, reflects the team's commitment to industry innovation. As Rage Trade continues to expand its integration and functionality, it will reshape the trading market and provide unprecedented opportunities and efficiency for global traders.

View Original
  • Reward
  • 1
  • Share
Comment
No comments