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.