Introducing Ryft : An Aggregation Layer for Perpetual execution.
Ryft is not a new dex or perp. It does not pool liquidity. Ryft is an aggregation layer that sits above existing perp protocols, designed to work with protocol heterogeneity.
Trades earn protocol points and Ryft points simultaneously.
Imagine Aster x Pacifica x Hyperliquid x Variational x Edgex x Avantis x Lighter and more combined together!
3L2cUEMzEs3jrntfgAK3g2H3CpvbiPsGH3ZAtsdspump
Introducing Ryft : An Aggregation Layer for Perpetual execution.
Ryft is not a new dex or perp. It does not pool liquidity. Ryft is an aggregation layer that sits above existing perp protocols, designed to work with protocol heterogeneity.
Trades earn protocol points and Ryft points simultaneously.
Imagine Aster x Pacifica x Hyperliquid x Variational x Edgex x Avantis x Lighter and more combined together!
3L2cUEMzEs3jrntfgAK3g2H3CpvbiPsGH3ZAtsdspump
Ngl. This is something I’ve always wanted to build.
I trade Perps a lot and I hate going from @PhoenixTrade@Ostium@HyperliquidX or @Lighter_xyz
Just give me one interface that allows me to choose how to split my orders based on based liquidity, slippage, mark price etc
@0xAmol@PhoenixTrade@Ostium Our main strategy focuses on building a simple, better, and easy-to-use UI. We have already integrated top perp DEXs, and our next step is to add the highest-volume / user perps to our platform. We thank you for the suggestion , we will work on it!
We are prioritizing three updates and hope to ship these as soon as possible.
- Debut our new smart routing infrastructure
- Adding 4 more venues
- UI revamp
Some people have asked me what differentiates $RYFT from anything in the market.
Below are some of our biggest differentiators from any perp dex aggregator out there. Of which there is really only one doing the same thing.
1. More venues. We offer 7 perp dex venues while our biggest competitor only offers 3.
2. Split route orders. Orders can be intelligently split to different perp dex venues to get you the best fills and minimize slippage.
3. Funding aware routing. Most aggregators just give you the data. Ryft routes with funding costs in mind to minimize holding costs.
4. User incentive program. We will offer a points based airdrop and a token flywheel.
Introducing Ryft Analytics
>>Real-time, data-driven intelligence sourced directly from active traders & the most popular perp dexes to track where the market is heading. All in one place!
https://t.co/biXShVm94P
Ryft is now live on @Pumpfun
20% has been locked for our incentive program.
12% will be airdropped to our old holders at the time of our snapshot.
Our migration airdrop form will follow in our next tweet.
CA: 3L2cUEMzEs3jrntfgAK3g2H3CpvbiPsGH3ZAtsdspump
When we were in the early brainstorming stages of @tradeRYFT , we went back and forth on what chain would be the best home.
Ryft is the first of its kind. At its core, it’s an aggregation layer that sits on top of perp dex venues, giving users a simplified interface to trade multiple perp dexs at once. The perp dex market is fragmented. Ryft puts the pieces together.
At the time, Robinhood chain was just getting started, and we felt like we could make a name for ourselves there. Robinhood is known for its financial infrastructure, and we felt a perp dex aggregator made sense there.
Fast forward to today: we realized we may have made a mistake in our thinking. The best home may not be a chain in its early stages. It doesn’t have the user base and maturity that a chain like Solana has. On top of that, there are ongoing launchpad wars. Virtuals — while we respect what they’ve built and wish them all the best — hasn’t been getting the volume we thought they might as a launchpad early on. Because of that, Ryft has been overlooked.
We’ve made the decision to migrate Ryft to Solana and https://t.co/m5brxNUDJO. We feel this is the best home for Ryft going forward. To be clear, this is the one and only time we will ever migrate. @Pumpfun will be our forever home, now and going forward.
As a team, we’ve invested over $20,000 out-of-pocket to get the infrastructure in place. There’s much more building to be done. We have, and will continue to, build in public.
Thank you to everyone who has supported us along the way. We’re very excited for this next chapter.
Anyone who owned Ryft on RH/Virtuals will be airdropped proportionally. A snapshot was taken yesterday at around 4pm EST, and a form will be released on our official X account, @tradeRYFT . We will ask for an X username or TG handle to verify ownership.
CA: 3L2cUEMzEs3jrntfgAK3g2H3CpvbiPsGH3ZAtsdspump