BREAKING
525d 7h ago

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

SOL

SOL/USDT

$89.13
-3.60%
24h Volume

$3,723,996,871.22

24h H/L

$93.47 / $88.81

Change: $4.66 (5.25%)

Long/Short
76.9%
Long: 76.9%Short: 23.1%
Funding Rate

-0.0119%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$86.52

-5.65%

Volume (24h): -

Resistance Levels
Resistance 3$98.5337
Resistance 2$93.47
Resistance 1$88.9497
Price$86.52
Support 1$84.9977
Support 2$81.4741
Support 3$76.7614
Pivot (PP):$87.9833
Trend:Uptrend
RSI (14):46.0

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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