Ethereum

<p>The top <a href="https://blockchainreporter.net/glossary/web-3-0/" rel="noopener noreferrer nofollow">Web3</a> and crypto exchange OKX’s investment arm “<a href="https://www.okx.com/ventures" rel="noopener noreferrer nofollow">OKX Ventures</a>” has announced that it will invest in Rage Trade. Rage Trade is known as a two-footed crypto trading protocol based on Arbitrum mainnet and the <a href="https://blockchainreporter.net/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a> network. It enables consumers to trade perpetual swaps of ETH tokens with nearly 10x leverage.</p><h2 id="header-0">OKX Ventures Determines to Invest in Rage Trade</h2><p>The focus of the protocol is to develop the comprehensively liquid and the sole omni-chain perpetual swaps for ETH driven by UNI. The core features and products thereof take into account perpetual swaps of ETH, <a href="https://blockchainreporter.net/glossary/liquidity/" rel="noopener noreferrer nofollow">liquidity</a> recycled by omnichain, and yield-providing 80-20 vaults. Dora Yue, the founder of OKX, made comments on this development. Dora mentioned that the platform is thrilled to take part in the respective investment.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/fbd7e923932748ec9c0590d82b4c00b3.png" /></p><h2 id="header-1">Rage Trade’s V2 Perpetual Contract Will Innovate Decentralized Derivatives, Says OKX Founder</h2><p>Dora also disclosed that <a href="https://www.rage.trade/" rel="noopener noreferrer nofollow">Rage Trade</a> provides a prominent delta-neutral strategy with which the company can efficiently assist GLP consumers in managing the price volatility-related risk. In addition to this, Dora asserted that the next v2 version of the perpetual contract of Rage Trade is anticipated to be considerably beneficial.</p><p>As per Dora, the respective version can potentially turn into a dark horse for the market of decentralized derivatives with the innovation that it brings with it. OKX plays the role of a well-known tech platform that offers the most dependable and rapid <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">crypto trading</a> for professional traders and investors around the world.</p><p>The crypto exchange platform of OKX is categorized as the 2nd-biggest platform in terms of trading volume. The prominent self-custody solutions provided by OKX take into account the OKX Wallet that is compatible with Web3. The wallet permits consumers to have enhanced control of their assets.</p>

OKX Ventures Declares to Invest in Rage Trade

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