🚀 Getting Started with RabbitX
- Connect Your Wallet: Use MetaMask or other Ethereum-compatible wallets that support Starknet.
- Fund Your Account: Deposit USDC or supported assets into your RabbitX margin account.
- Choose a Market: Select from perpetual futures across crypto, stocks, or commodities.
- Place Orders: Use market, limit, or advanced order types with up to 50x leverage.
- Track Performance: Monitor your margin, liquidation risk, and funding rates in real time.
No KYC is required, and onboarding is fast thanks to Starknet’s Layer-2 scalability.
🔍 What Is RabbitX?
RabbitX is a decentralized derivatives exchange that allows users to trade perpetual futures directly on-chain. Formerly known as Perpetual Protocol v2, RabbitX rebranded to reflect its expanded capabilities and Starknet-native architecture.
- Perpetual Futures: Trade with leverage and dynamic funding rates.
- Zero Gas Fees: Enjoy cost-free trading on Starknet.
- Non-Custodial Security: Users retain full control of their assets.
- Cross-Market Access: Trade crypto, stocks, and commodities from one platform.
- Institutional-Grade Tools: Built for speed, transparency, and performance.
🌟 Additional Features
- Advanced Order Types: TWAP, limit, and market orders for flexible execution.
- Real-Time Risk Engine: Dynamic margin tracking and liquidation protection.
- Portfolio Analytics: Track PnL, fees, and trading history.
- Mobile Optimization: Responsive interface for trading on the go.
- $RBX Token: Used for governance, staking, and ecosystem rewards.
✅ Advantages
- Gasless Trading: No fees for placing or canceling orders.
- High Leverage: Up to 50x on select markets.
- Multi-Market Access: Trade crypto, stocks, and commodities in one place.
- Fast Execution: Starknet’s scalability ensures near-instant settlement.
- Self-Custody: Users maintain full control of their funds.
❌ Disadvantages
- Starknet Dependency: Requires familiarity with Layer-2 networks.
- Limited Fiat Access: No built-in fiat on-ramp.
- Learning Curve: Advanced tools may be complex for beginners.
- Smart Contract Risk: As with all DeFi platforms, vulnerabilities may exist despite audits.
❓ FAQs
- Is RabbitX safe?
- Yes. It’s non-custodial and built on Starknet with audited smart contracts for added security.
- What assets can I trade?
- Over 100 markets including BTC, ETH, stocks, and commodities.
- Can I use leverage?
- Yes, up to 50x leverage is available on perpetual futures.
- Are there fees?
- No gas fees. Trading fees vary depending on the market and trading volume.
- Is it beginner-friendly?
- RabbitX is best suited for intermediate to advanced traders familiar with margin and derivatives trading.
🧠 Conclusion
RabbitX is a powerful DEX for traders who want speed, control, and access to diverse markets. With zero gas fees, high leverage, and non-custodial security, it offers a centralized exchange experience in a decentralized format.
While it may not suit beginners or those seeking fiat access, RabbitX is ideal for crypto-native users looking for high-performance trading on Starknet.
📌 Additional Notes
- Community Support: Active Discord and Twitter for updates and help.
- Roadmap: Plans include mobile apps, cross-chain expansion, and enhanced analytics.
- Security Tips: Always back up your wallet and use hardware wallets for large funds.
Visit the official website at rabbitx.io for more details.