What is RabbitX Trade?
RabbitX is a decentralized perpetuals exchange that operates natively on Starknet, a Layer-2 scaling solution for Ethereum. Its mission is to provide the speed, liquidity, and user experience of centralized exchanges while maintaining on-chain transparency and non-custodial security.
Key Features
- On-Chain Perpetuals: Trade crypto perpetual futures with up to high leverage, all settled on Starknet for low fees and security.
- Deep Liquidity: RabbitX sources liquidity through its hybrid orderbook design, ensuring low slippage for both retail and professional traders.
- Fast Execution: Powered by Starknet’s zk-rollup technology, trades are confirmed quickly with lower gas costs compared to Ethereum mainnet.
- Risk Management: Transparent margining and liquidation engines aim to protect traders and maintain fair markets.
- Professional Tools: Advanced order types, trading dashboard, APIs, and charting features provide a CEX-like experience in DeFi.
RABBIT Token Utility
The native RABBIT token powers governance, staking rewards, and ecosystem incentives. Holders can stake tokens to earn fee rebates, participate in decision-making, and benefit from protocol growth. Incentive programs also reward active traders and liquidity providers who support the exchange.
Why RabbitX Stands Out
RabbitX bridges the gap between centralized exchanges and decentralized platforms. Unlike AMM-only DEXs, it provides an orderbook-based trading environment that feels familiar to professional traders. By leveraging Starknet’s speed and scalability, RabbitX delivers low-latency, low-cost trading while keeping custody in the hands of users.
Risks & Considerations
As with all DeFi derivatives platforms, RabbitX carries risks including leverage-related liquidations, smart contract vulnerabilities, and evolving Layer-2 infrastructure. Users should trade responsibly, understand margin requirements, and start with small positions when exploring the platform.