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Rage Trade
Delta Neutral GMX
ETH Perp
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4min

Overview

What is Rage Trade?

Rage Trade is building the most liquid, composable, and only omnichain ETH perp (powered by UNI v3). Our core features are:

  • ETH perp with 5x leverage
  • Omnichain recycled liquidity
  • Yield generating 80-20 Vaults

What is omnichain recycled liquidity?



Recycled liquidity allows Rage to re-use ETH+USD liquidity across chains and protocols to LP into our ETH perp.

If you LP in:

  • AMMs (Curve, Balancer, Sushi)
  • Money Markets (Aave, Rari, Euler)
  • Derivatives (GMX, Ribbon)



Then you can recycle your LP shares into Rage using our 80-20 Vaults. This allows users to earn extra yield on their LP shares. And enables Rage to unify liquidity into an omnichain ETH perp.









What are 80-20 Vaults?

Each 80-20 vault accepts a different LP position as collateral (for example: Curve Tri-Crypto). The vault recycles these LP shares to provide liquidity in Rage's ETH perp. The goal of the 80-20 vault is to earn additional yield on your LP position while replicating the payoff of an ETH-USD LP in Uniswap v2.

The vault maintains the following distribution of assets:

  • 80% of TVL lives in a yield-generating service (Curve, GMX, Sushi etc)
  • 20% of TVL provides concentrated liquidity on Rage Trade

To attract all possible ETH+USD yield-generating assets, LPs will be able to recycle liquidity from all Layer Zero compatible chains. To see a full list of compatible protocols and chains, see Protocols and Chains.

Updated 03 Mar 2023
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TABLE OF CONTENTS
What is Rage Trade?
What is omnichain recycled liquidity?
What are 80-20 Vaults?