RabbitX

It’s been a hell of a 2023 for RabbitX. We achieved over $27 billion in total trading volume within 8 months of launch. We’ve had 20,000 unique addresses use the platform and have over 1,000 daily active traders.We’ve been building all of 2023 and 2022 leading up to this, in the depths of the bear. Every crypto winter flushes out weak hands and tourists. If you’re here to make a quick buck, you leave. If you’re here because you believe in DeFi for the long term, the thought never crosses your mind.No matter how horrible the price action, nothing changed for us, ever. Because none of us have any desire to be anywhere else. All through the bear we studied our competitors, the intricacies of product design, the flows of the user experience, and did our very best to create the greatest piece of technology and platform we possibly could.The result is RabbitX. And we’re nowhere close to done yet.We’re so grateful to every single one of you who’s ever used the platform and placed enough faith in us to deposit USDT and try us out. Even if your tech is great, it means nothing without users and a community. It’s only going to get better from here (much better!).We’d like to provide some 2023 highlights of what’s gone into the RabbitX grind. A timeline of the Bunny’s growth and ascension. And soon…. dominance.RabbitX’s 2023 technical work and releasesJanuary and February— nonstop product analysis, CEX orderbook review, matching engine work, UI building, competitor research, and constant toiling.March— mainnet launches with 3 perps markets: BTC, ETH, SOL— RabbitX is the first DEX to list ARB perps— refined Portfolio Summary page with order history and transfersApril— listed LIDO and DOGE— enabled new risk system checks— special order types work— optimized matching engine with queue limitMay— one of the first DEXs to list SUI and PEPE perps infrastructure refactoring to enable more efficient data storage— risk engine upgrade: facilitating faster unwinding for positions in forced liquidation— optimized websocket messaging and more infra refactoringJune— withdrawal settlement upgrade: shortened withdrawal periods from 12 hrs to 6— lots of internal work on special order types— begin working on live-news features— social login work beginsJuly— listed BCH and XRP— additional optimization on spot index to ensure accuracy and frequency— more work on special order types— API key generation workAugust— special order types: stop loss and profit taker released— more infrastructure-related refactoring— more sources added for index price— enabled API key generation from front-end— UX enhanced for stop loss and profit-taker orders— RabbitX live newsfeed released— social login released: allowing wallet creation with google, apple, telegram, or discord accountSeptember— special order types: stop limit, stop market, fill or kill, IOC, post-only released— more sources added for index price— reduced latency for position and buying power updates— enabled API secrets— improved order-cancel latency— listed TON and WLD— removed deposit cap— new UI released for position close and deposit/withdrawalOctober— shipped advanced portfolio statistics and history graphs— enabled market watchlists of favorites, winners, trending, etc.— added further customization for limit, stop loss, and profit-taker orders— listed 10 new markets: STX, MATIC, TRB, APT, INJ, AAVE, LINK, BNB, RNDR, MKRNovember— improved latency of pricing updates in UI— special order types: ping limit released— historical funding now visible for all markets— released PnL cards— RabbitX markets page released: showing platform open interest, trading volume, annualized funding rate, and more.— worked on infrastructure to support fiat on-ramping service (coming soon)— listed 4 new markets: RLB, ORDI, STG, SATS (Ordinals)— enabled message sign for EIP712 and EIP191December— improvements to risk protections (dead man’s switch)— listed 5 new markets: TIA, BLUR, JTO, SEI, MEME— shipped iOS RabbitX mobile app!— shipped Android RabbitX mobile app!— RabbitX for Android available on Google Play globally— Referral program releasedThere’s more, but we don’t want to overload with technical details. Here’s to a whole lot more shipping in 2024!Trade. Earn. Win.Back The Bunny.

RabbitX’s 2023 Recap: Where We Started, What We Accomplished, and What’s Next

RabbitX

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