RISEx
@risextrade
Next-generation decentralized spot & perpetuals trading powered by @risechain. Backed by @galaxyhq.
Joined April 2023
28 Following 46.9K Followers
17.6% effective APY in week one, against a 10.6% expected return.
risexUSDC gives passive capital a clean route to fully onchain basis trade on RISEx and XLP vault. Built on @risechain
Exactly 6 days ago, our risexUSDC vault went live.
Since then:
- the first cap was filled in 25 minutes
- risexUSDC vault effectively became the fourth Rise Chain DeFi venue by TVL, behind @risextrade, @Icarus_Fi and USDR.
- in the first days, the vault delivered an effective average of 17.6% APY, beating the expected return of 10.6%, thanks to XLP outperformance.
This is only the beginning.
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