BREAKING
480d 1h ago

RateX Launches on Solana Mainnet, Expanding Leveraged Yield Trading with New Partnerships

SOL

SOL/USDT

$88.53
+2.64%
24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$88.49

1.03%

Volume (24h): -

Resistance Levels
Resistance 3$113.8728
Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

On October 18, COINOTAG reported the **official launch** of RateX, a **leveraged yield trading platform** now operational on the **Solana mainnet**. This innovative Decentralized Exchange (DEX) focuses on **leveraged yield trading**, providing users with options for fixed income investments and opportunities for **yield liquidity mining**. In a strategic move to enhance its service offerings, RateX has partnered with **Jito** and **Jupiter**, aiming to broaden the **application scenarios** for yield trading within the **Solana ecosystem**. RateX’s development prowess was underscored when it clinched the top prize at the **Solana Renaissance Hackathon MCM**, earning recognition and support through a grant from the **Solana Foundation** alongside investments from notable venture capitalists. This partnership and launch position RateX as a significant player in the competitive landscape of cryptocurrency trading.

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