1. Discover
  2. Apps
  3. RabbitX Exchange

RabbitX Exchange

Validated
Validated
DeFiTrading

About RabbitX Exchange

RabbitX is a global permissionless perpetuals exchange built on Starknet. RabbitX is building the most secure and liquid global derivatives network, giving you 24/7 access to global markets anywhere in the world. Combining the most innovative ZK infrastructure with the most powerful risk engine, and beautiful user interface. With RabbitX, you can trade 24/7 markets with 20x leverage with the secur

RabbitX is a groundbreaking decentralized perpetual and derivatives exchange leveraging the advanced capabilities of Starknet's zero-knowledge rollup technology. Founded in 2021 under the name Strips Finance, the project initially focused on decentralized interest rate swaps on Arbitrum. As the platform evolved, it rebranded to RabbitX to encompass a broader vision of providing a comprehensive suite of derivatives for global asset classes. The mission of RabbitX is to revolutionize the DeFi trading landscape by offering users 24/7 access to crypto markets, deep liquidity, low latency, and gas-free transactions.


RabbitX stands out in the industry with its commitment to security, speed, and user experience. The platform ensures that all transactions are settled on Starknet and broadcasted on Ethereum, combining the scalability of layer-2 solutions with the security of layer-1. This hybrid model enables RabbitX to deliver millisecond latency and zero gas fees, providing a seamless trading experience that is both efficient and cost-effective.

RabbitX began its journey in 2021 as Strips Finance, a project focused on innovating the DeFi space through decentralized interest rate swaps on the Arbitrum network. The initial goal was to create a platform that allowed users to hedge and trade interest rate volatility in a decentralized manner. However, as the DeFi landscape evolved and the demand for more versatile trading options grew, the team decided to expand their vision.


In 2022, the project rebranded to RabbitX, reflecting its new mission to provide a comprehensive suite of derivatives for global asset classes. Leveraging Starknet's zero-knowledge rollup technology, RabbitX transitioned to offering decentralized perpetuals and derivatives trading with unparalleled speed and security. The platform's hybrid exchange model combines the benefits of layer-2 scalability with the security of layer-1, allowing for real-time, gas-free trading.


One of RabbitX's significant milestones was securing investment from Sequoia Capital, which provided the financial backing needed to scale the platform and enhance its features. This investment facilitated the development of advanced risk management tools, ensuring both traders and the platform are protected from potential insolvency.


RabbitX's journey has been marked by continuous innovation and user-centric development. Key milestones include the launch of a mobile app, integration of various global asset classes for trading, and the implementation of a robust governance model powered by the $RBX token. The platform's commitment to security is evident in its use of Starknet for transaction settlement, ensuring high scalability without compromising on safety.


In terms of competition, RabbitX positions itself alongside other leading DeFi platforms like dYdX and Synthetix. However, its unique hybrid exchange model, zero gas fee structure, and advanced risk management features provide a competitive edge. RabbitX is not just a trading platform; it is a comprehensive ecosystem designed to meet the diverse needs of modern traders, from retail investors to institutional participants.


RabbitX's development roadmap includes plans to introduce more innovative financial products, enhance user experience, and expand its community governance model. The platform aims to be a one-stop solution for decentralized derivatives trading, offering users the tools and features needed to navigate the complex and rapidly evolving DeFi landscape. As RabbitX continues to grow, it remains committed to its core values of transparency, security, and user empowerment, setting new benchmarks in the world of decentralized finance.

  • Unparalleled Speed: Utilizing Starknet's ZK-rollup technology, RabbitX offers millisecond latency for a seamless trading experience.

  • Security: Transactions are settled on Starknet and broadcasted on Ethereum, combining layer-2 scalability with layer-1 security.

  • Zero Gas Fees: RabbitX's hybrid exchange model eliminates gas fees, allowing for real-time trading without extra costs.

  • No Front Running: The platform's independent operation ensures that users' trades are not front-run by market makers.

  • Comprehensive Risk Management: A robust risk engine safeguards both traders and the platform from insolvency, utilizing advanced algorithms and real-time data analysis to mitigate risks effectively.

  • Deep Liquidity: RabbitX provides deep liquidity across various asset classes, ensuring that users can execute large trades without significant price slippage.

  • Governance Participation: $RBX token holders can actively participate in the platform's governance, shaping the future of RabbitX through voting on proposals and protocol updates.

  • User-Centric Design: The platform is designed with user experience in mind, offering an intuitive interface, comprehensive tutorials, and responsive customer support to assist traders of all levels.

  • Mobile Accessibility: RabbitX offers a fully functional mobile app, enabling users to trade and manage their portfolios on the go.

  1. Create an Account: Sign up on the RabbitX platform through their website or mobile apps available on Google Play and the App Store.

  2. Deposit Funds: Use the deposit options provided, including fiat and crypto deposits, to fund your account. Ensure your wallet is compatible with MetaMask or other supported wallets.

  3. Start Trading: Access the trading interface, select your desired markets, and begin trading with up to 20x leverage. Utilize the platform's risk management tools to safeguard your investments.

  4. Staking & Governance: Participate in staking to earn rewards and take part in governance by voting on proposals using your $RBX tokens. Visit the RabbitX documentation for detailed guides.


For more detailed guides and support, visit the RabbitX documentation.

App Validation Score in Magic Store
0out of 50 Votes
Approve
0 / 0%
Reject
0 / 0%

RabbitX Exchange Reviews by Real Users

4.75out of 516 Reviews
75%
25%
0%
0%
0%

RabbitX Exchange FAQ

  • RabbitX leverages Starknet's ZK-rollup technology to offer millisecond latency, providing a trading experience that is both fast and seamless. This technology ensures that traders can execute transactions swiftly without the delays typical of traditional exchanges.

  • RabbitX operates a hybrid exchange model that eliminates gas fees by settling transactions on Starknet and broadcasting them on Ethereum. This approach combines the scalability of layer-2 solutions with the security of layer-1, offering a cost-effective trading experience.

  • RabbitX ensures that trades are not front-run by operating independently and using advanced algorithms to execute transactions. This provides a fair trading environment where users' orders are processed transparently and securely.

  • Yes, RabbitX offers a fully functional mobile app available on Google Play and the App Store. This allows users to trade and manage their portfolios on the go.

  • RabbitX ensures deep liquidity by incentivizing liquidity providers and integrating with major liquidity pools. This ensures that users can execute large trades without significant price slippage.

You Might Also Like