BREAKING

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

SOL

SOL/USDT

$75.29
+0.87%
24h Volume

$857,744,932.22

24h H/L

$75.99 / $74.28

Change: $1.71 (2.30%)

Long/Short
74.2%
Long: 74.2%Short: 25.8%
Funding Rate

-0.0009%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$75.37

1.13%

Volume (24h): -

Resistance Levels
Resistance 3$78.88
Resistance 2$77.2554
Resistance 1$75.7933
Price$75.37
Support 1$74.753
Support 2$69.7733
Support 3$64.4939
Pivot (PP):$74.27
Trend:Sideways
RSI (14):47.5

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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