BREAKING

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

SOL

SOL/USDT

$74.14
+1.31%
24h Volume

$2,150,005,834.89

24h H/L

$74.69 / $71.59

Change: $3.10 (4.33%)

Long/Short
75.4%
Long: 75.4%Short: 24.6%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$73.71

0.24%

Volume (24h): -

Resistance Levels
Resistance 3$83.787
Resistance 2$79.27
Resistance 1$74.8381
Price$73.71
Support 1$71.54
Support 2$68.3219
Support 3$64.5599
Pivot (PP):$73.2567
Trend:Downtrend
RSI (14):49.3

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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