Rho Protocol – On-chain Curiosity Fee Derivatives

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Rho Protocol – On-chain Curiosity Fee Derivatives

Alex Ryvkin is the CEO of Rho Labs, constructing Rho Protocol, an rate of interest derivatives protocol and the primary institutional grade on-chain charges market.

Why it’s best to hear

Rho Protocol is a brand new institutional-grade decentralized market on Arbitrum that enables retail {and professional} merchants to effectively alternate charge threat through on-chain swaps and futures in a safe, environment friendly, and compliant method.

Rho Protocol’s first household of merchandise are fixed-to-floating rate of interest swaps on a various set of index charges. In TradFi, this product includes over 60% of the whole excellent curiosity in rate of interest derivatives.

The protocol is at present in beta with huge growth plans for brand new merchandise deliberate for 2024. Rho raised $2.2m in a pre-seed funding spherical late final 12 months.

Supporting hyperlinks

Bitget

Bitget Academy

Bitget Research

Bitget Wallet

Rho Protocol

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