Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Leveraged synthetic yield exchange RateX completes seed round financing, GSR and others participate

Leveraged synthetic yield exchange RateX completes seed round financing, GSR and others participate

Cointime2024/07/16 08:19
By: Cointime
SOL+2.81%G+0.85%

Leveraged synthetic yield exchange RateX announced the completion of seed round financing with participation from GSR, SNZ Holdings, Presto Labs, Animoca Ventures, Initial Ventures, G Ventures, KuCoin Ventures, Summer Ventures, and LeadBlock Bitpanda Ventures.RateX is a leveraged interest rate trading DEX built on Solana. On RateX, users can long or short synthetic yield tokens (YT) with up to 10x leverage, benefiting from changes in yield in a capital-efficient way. In addition to leveraged yield trading, RateX also offers features such as fixed-income investing and synthetic point trading to meet the needs of different users.Previous news: RateX, CUDIS, CharacterX and others were selected for the Solana 2024 Renaissance Hackathon MCM Awards.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

CandyBomb x ZBT: Trade futures to share 100,000 ZBT!
Bitget Announcement2025/10/17 13:30
Bitget Builder+ Initiative is now recruiting!
Bitget Announcement2025/10/17 11:00

Trending news

More
1
CandyBomb x ZBT: Trade futures to share 100,000 ZBT!
2
Bitget Builder+ Initiative is now recruiting!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$107,175.79
+0.17%
Ethereum
Ethereum
ETH
$3,889.6
+0.94%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$1,093.9
+1.49%
XRP
XRP
XRP
$2.36
+2.03%
Solana
Solana
SOL
$187.38
+2.04%
USDC
USDC
USDC
$0.9999
-0.00%
TRON
TRON
TRX
$0.3133
+1.33%
Dogecoin
Dogecoin
DOGE
$0.1895
+1.92%
Cardano
Cardano
ADA
$0.6346
+1.08%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter