
RateX is a decentralized exchange specializing in leveraged yield trading built on Solana network
What is RateX?
RateX Protocol is a leveraged yield exchange on Solana blockchain. There are three key features that RateX offers: leveraged yield trading, fixed yield earning, yield liquidity farming.
The first benefits users from yield movements in a capital-efficient way. It is achieved though the synthetic Yield Tokens of various yield-bearing assets. RateX enables you to leverage yield positions, speculate on yield movements, and hedge yield positions.
Fixed yields earning option helps holders to lock in future returns by converting a floating yield assets into a fixed yield assets.
Yield liquidity mining allows users to deposit assets and generates Yield Tokens for trading using a Uniswap V3 like AMM. The sources of RateX liquidity providers yield are: rebates on trading fees, PnL from acting as counterparties, the yield generated from their deposited assets.