RabbitX: Decentralized Perpetual Futures on Starknet
Introduction
RabbitX is a decentralized perpetual futures exchange built on Starknet, a Layer 2 scaling solution for Ethereum. It offers high-speed, gasless trading with deep liquidity and a user experience that rivals centralized platforms. RabbitX empowers traders with full control of their assets while delivering institutional-grade performance.
What is RabbitX?
RabbitX is a non-custodial derivatives exchange that allows users to trade perpetual futures with up to 20x leverage. It uses Starknet’s zero-knowledge rollup technology to provide fast, secure, and scalable trading. With an on-chain order book and off-chain matching engine, RabbitX delivers low-latency execution while maintaining full transparency and decentralization.
Key Features
- Perpetual Futures: Trade BTC, ETH, and other top assets with leverage.
- Gasless Trading: No gas fees for placing or canceling orders.
- Non-Custodial: You retain full control of your funds at all times.
- On-Chain Settlement: All trades are settled on Starknet for transparency and security.
- Low Latency: Off-chain matching engine ensures fast order execution.
Benefits
- Speed and Scale: Starknet enables fast, scalable trading without compromising security.
- Capital Efficiency: Use margin to open larger positions with less capital.
- Transparency: All positions and trades are verifiable on-chain.
- Global Access: No KYC required—trade from anywhere with a wallet.
- Community-Driven: RabbitX is governed by its users through the RBX token.
Limitations
- Starknet Required: Users must bridge assets to Starknet to trade.
- Crypto-Only: No fiat support—users must onboard with crypto.
- Advanced Trading Concepts: Leverage and perpetuals may be complex for beginners.
How to Use RabbitX
- Visit the official RabbitX website.
- Connect your wallet (e.g., MetaMask) and switch to the Starknet network.
- Bridge USDC or ETH to Starknet using the official bridge.
- Deposit funds into your RabbitX margin account.
- Select a trading pair and place your order using the order book interface.
RabbitX also offers a testnet for users to practice trading before going live.
Why Trust RabbitX?
RabbitX is built by a team of experienced developers and has undergone multiple security audits. It leverages Starknet’s zero-knowledge technology for secure, scalable trading. With open-source smart contracts and a growing community, RabbitX is committed to transparency, decentralization, and user empowerment.
What’s Next for RabbitX?
- Expanded asset listings and trading pairs.
- Mobile app for iOS and Android.
- Advanced risk management tools and analytics.
- Deeper integration with DeFi protocols and wallets.
The RabbitX roadmap includes community governance, staking, and improved user experience features.
FAQs
1. Is RabbitX safe?
Yes. RabbitX is non-custodial and uses audited smart contracts on Starknet.
2. What assets can I trade?
RabbitX supports perpetual futures for major assets like BTC, ETH, and more.
3. What is the RBX token?
RBX is the governance token used for voting, staking, and protocol incentives.
4. Do I need to pay gas fees?
No. Trading on RabbitX is gasless thanks to Starknet’s scalability.
5. Can I use RabbitX on mobile?
Yes. The platform is mobile-friendly and supports mobile wallets.