$RAGE

Rage's Vision

15min

Summary

The Rage Aggregator aims to be the ultimate Onchain Perp Screener, a one-stop shop for traders to monitor perp prices, funding rates, and opportunities across various onchain routes. 

Traders will be able to manage positions and collateral from multiple wallets, all while earning incentives across various DEXes, making Rage the go-to spot for onchain perp traders, while offering a seamless experience for analysis, execution, and management. 

Additionally, we are excited to announce the launch of the $RAGE token on Hyperliquid. We plan to reinvest in Hyperliquid's ecosystem, as it will serve as the homebase for $RAGE token liquidity.

This post outlines the roadmap and vision for Rage in the coming months. Here’s what you can expect:

  • Decentralizing Frontend
  • Multichain Expansion
  • Enhanced User Experience
  • Reinvesting into the Hyperliquid Ecosystem

Decentralizing Frontend

Today’s Actions: 

Currently, our public SDKs allow perp DEX teams to integrate their exchanges into Rage. Our engineers actively collaborate with teams like Orderly, Kiloex, and Perennial to ensure smooth integration while maintaining a cohesive user experience with other DEXes on our platform.

Tomorrow’s Vision: 

We’re making our platform more community-driven by decentralizing our frontend. Here’s how:

  • Governance Forum: Soon, you’ll be able to vote with your tokens on which new perp DEXes to integrate, giving the community a direct say in our ecosystem’s future.
  • Open Sourced Code: We’re open-sourcing Rage's frontend code so perp DEX teams and developers can easily integrate new products. The community will vote on these integrations.
  • IPFS Hosting: We’ll host our frontend and backend code on IPFS, allowing anyone to access, update, and integrate perp DEXes into Rage. All updates will be reviewed and will go through governance voting before integration, ensuring a decentralized and collaborative approach.

Multichain Expansion

Today’s Actions: 

We currently aggregate GMX V1/V2 on Arbitrum, Synthetix V2 on Optimism, and appchains like Hyperliquid, Aevo and dYdX v4, allowing you to manage your positions/collateral and earn incentives across all these avenues through a single place, via Rage.  

Currently, we have:

  • More than $800 million in volume 
  • Over 4,100+ users onboarded



Document image


Rage brings all the fragmented onchain liquidity into one place for a smoother trading experience. You get: 

  • Unified Trading Experience: Manage positions and earn rewards across DEXes on various EVM L2s, EVM and non-EVM L1s, and Appchains. 
  • Widest Asset Selection: From blue-chip crypto (ETH/BTC) and long-tail alts to prelaunch tokens, RWAs, and more—if it has a perp, you'll find it on Rage.
  • Discovering Opportunities: Instantly view prices and funding rates across all perps at a glance.
  • Aggregated Referral: Use one referral link across all the perp DEXes we aggregate.



Document image


Tomorrow’s Vision: 

We aim to attract a broader audience by expanding Rage into new ecosystems like: 

  • Solana (Drift, Jupiter…)
  • Blast (SynFutures, BFX, Blitz…)
  • Berachain Berps
  • Appchains (Reya, Blackwing…)

This will standardize the onchain user experience, improve accessibility to various chains and DEXes through a single platform, and bring CEX users onchain.

Bringing CEX Users Onchain

We plan to onboard CEX users to onchain through successful incentive programs like trader competitions. 

Today’s Actions:

 We’ve successfully increased trading volume and user growth with our current incentives. For example: 

  1. Our ROI-based trading competition reached record daily volumes of $12.6M, generating over $108M in 8 weeks on GMX v2.
  2. Our 100% fee rebate program boosted trading volume from $3.5M to ~$200M over 12 weeks, attracting over 1,200 traders on GMX v2. 



Document image


Tomorrow’s Vision:

We aim to further onboard CEX users to onchain DEXes by:

  1. Using the secured $425k $ARB grant for trader competitions on Arbitrum.
  2. Collaborating with the Optimism Grants Council to offer incentives on Optimism.
  3. Securing additional grants from new chains and projects (Solana, Berachain, Monad), allowing users to earn more rewards from multiple DEXes on a single platform.

Enhanced User Experience

Today’s Actions: 

At Rage, we focus on frontend perp aggregation, similar to 1inch. Simply choose your preferred routes and trade through them. 

Today, onchain perp traders use multiple DEXes and move collateral across chains for various reasons. We make this easier by:

  • Smart Routing: Discover optimal routes based on price, funding rate, and incentives.
  • Intuitive Account Management: Manage collateral across chains and cross-margin accounts, with a Debank-like UI
  • LiFi Integration: Bridge and swap assets directly within the app.

Tomorrow’s Vision: 

We’re introducing new features to improve the user experience on our platform. Here’s what we’re planning:

  • Chain Abstraction: Simplifies cross-chain trading by automating collateral bridging based on user-selected routes.
  • CEX-like Account Management: Connect multiple wallets to a single Rage account, allowing you to manage collateral and positions across all addresses with a unified portfolio and easy CEX to DEX on-ramp solutions.

Reinvesting into the Rage <> Hyperliquid Ecosystem

We've chosen Hyperliquid as the primary chain for deploying the $RAGE token and are excited to pioneer the first token sale + liquidity generation event on this network. 

  • Support for Hyperliquid Native Projects: We’ll use part of our treasury to reinvest in Hyperliquid’s ecosystem by supporting native assets and projects that compose with Hyperliquid’s orderbook. 
  • We’re aiming to effectively give our token holders active participation in the Hyperliquid ecosystem.  

Our goal is to strengthen our platform and help the Hyperliquid L1 ecosystem grow and thrive. 



Document image




Updated 15 Jul 2024
Doc contributor
Did this page help you?