Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Rodeo is a DeFi protocol that allows its community to earn yield on a diverse range of managed and passive investment strategies on Arbitrum.
The protocol utilizes undercollateralized leverage to enable users to increase their positions in top-tier vaults and strategies, resulting in higher returns for both yield farmers and passive lenders.
At its core, Rodeo has two sides: passive liquidity providers (lenders) earning high, yet safe APR by providing single assets for use by leverage farmers, and leverage farmers who borrow up to 10x to farm real yield strategies.
By building additional DeFi products on top of the core leverage Farms, Rodeo aims to become Arbitrum’s hub for maximizing yield. Enabling users and protocols to become more capital efficient, generate higher yields, and onboard the next generation of DeFi users through a simplified, composable solution
The live Rodeo Finance price today is $0.004815 USD with a 24-hour trading volume of $342.58 USD. We update our RDO to USD price in real-time. Rodeo Finance is down 4.07% in the last 24 hours. The current CoinMarketCap ranking is #6639, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 RDO coins.