Congrats to Rho on launching a new fixed yield market for YUSD. Users can lock YUSD to earn a set return while collecting Rho and Aegis points
Just deposit, hold, and withdraw with yield once the term ends
A big step for the market and a strong partnership between @Rho_labs and @Aegis_im
Weโre excited to announce our strategic partnership with @aegis_im
From now on you can deposit YUSD on Rho X and earn fixed yield with a maturity date on December 22
Every deposit earns you 75 Aegis points per YUSD per day and 50 Rho points for every 100 YUSD locked in the pool
Earn predictable yield and boost your rewards now
๐ https://t.co/sZRRlVy69f
Weโre glad to work together with Aegis, stay tuned for more updates
Finally we trade ByBit funding rates on Rho!!!
I see that ByBit rates are quite low, so I'll test out the spread between bybit btc rate long (6.13%) and aster btc rate short (11.13%)
๐@Bybit_Official funding rates are now live on @Rho_labs!
Bybit keeps leading the derivatives market โ with over $40B in 24h trading volume and $17B in 24h open interest
You can now trade Bybit BTC and ETH funding rate futures directly on Rho X
๐ https://t.co/ultnzv1umS
Degens, I've decided to open a spread on binance / aster funding rates
Opened short on Aster BTC rate at 9.92%
Opened long on Binance BTC rate at 6.86%
My prediction is that a lot of traders are going to aster for the airdrop, which means that rates should be above market, I'll keep you up on this bet
NFA DYOR
๐ @Aster_DEX funding rates are now tradable for the first time ever!
Aster is skyrocketing: according to @DefiLlama it recorded over $370B in trading volume in 7d and OI at over $1.54B!
Start trading Aster BTC and ETH funding rates on @Rho_xyz
๐ https://t.co/XvpDfDPurr
๐ Rho Tweet Contest is LIVE!
Want to win some reward while showing off your creativity?
Create and post content about Rho Protocol on X โ memes, videos, threads, articles, anything goes.
๐ Top 3 posts win $10 each
๐ Deadline: July 28th, 2 PM UTC
Join the contest ๐https://t.co/CdCuF964BQ
Crypto finally has its own interest rates market.
Youโve heard of DeFi lending, staking, yield farmingโฆ
But what if we could actually trade the interest rates driving those yields?
Thatโs what @rho_xyz is building on Arbitrum and itโs a game-changer.
Let me explain ๐ ๐งต
Rho brings interest rate trading to crypto, turning funding rates and staking yields into tradable assets. This unlocks advanced strategies like hedging and macro positioning that were common in TradFi but missing in crypto.
@Rho_xyz @arbitrum