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Res
@resdegen
Chief Degen Officer @proximityfi – building at @nearprotocol | Advisor @SigmaTrading | Onchain Speculator | ex-F1 engineer
Joined January 2021
1.8K Following    55.2K Followers
Congrats to @rhea_finance for becoming one of the main venues for $ZEC trading & lending alongside Near Intents. RHEA trades $85M / day in ZEC volume, whereas the whole Solana blockchain trades $60M per day, and it outcompetes CEXs such as Gate ($30M) or Kraken ($75M), and closely rivals OKX ($117M) or Coinbase ($250M). It also has the deepest ZEC AMM LP with $20M, paired with NEAR. But even if you are not on NEAR, you can use the cross-chain solution of Rhea, lending BTC, ZEC, or SOL and borrowing stables on different chains, doing cross-chain swaps (also confidentially), perps, etc. Having known them for 4+ years, I have to say Near eco has some of the brightest technical minds on crypto and they don’t get enough attention. and it’s one of the most solid demonstrations of leveraging @near_intents tech and adding their own sauce. Also check out their ZEC wallet @noir_wallet - first ever browser extension wallet for ZEC that scaled from 0 to 20k+ users in a few months, supported by Zcash, only one with embedded defi (trade, lending, bridge, perps, etc) using rhea and near intents tech.
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