ChainCatcher message, the perpetual contract protocol Rage Trade announced that the RAGE airdrop allocation will begin on November 21, 2024, and it is recommended that users choose their allocation options before this date.

ChainCatcher news, Morgan Stanley strategist Michael Wilson believes that if the Federal Reserve significantly cuts interest rates this month, the U.S. stock market may face the risk of further unwinding of yen carry trades.He pointed out that if the initial rate cut exceeds 25 basis points, it could support the yen. This would prompt yen traders to withdraw from U.S. assets after domestic interest rates rise, repeating the pattern that caused turmoil in global markets last month. "The unwinding of yen carry trades may still be a lurking risk factor," Wilson wrote in a report. "A rapid decline in U.S. short-term interest rates could further strengthen the yen, prompting a negative reaction from U.S. risk assets." (Jin Shi)

ChainCatcher news, the cryptocurrency research company Matrixport released an analysis report stating that the market tends to attribute the sharp decline in Bitcoin to the unwinding of yen carry trades.Many financial market participants who borrowed yen to invest in high-yield assets are now reversing their positions, with Bitcoin becoming a victim in this process. The unexpected interest rate hike by the Bank of Japan, coupled with market expectations for a rate cut by the Federal Reserve, has increased uncertainty around central bank policies, leading to deleveraging in the financial system. According to some traders, this is the main reason for the drop in Bitcoin prices.

ChainCatcher news, the perpetual contract protocol Rage Trade announced on X that it has completed the RAGE public offering, raising $6 million in 15 minutes.Previous news, Rage Trade released its tokenomics, which includes: 35% token sale, 30% community treasury, 15% team, 13.5% private buyers, and 6.5% airdrop.The airdrop portion consists of: 4% for V1 users, 1.25% for V2 users, and 1.25% for @HyperliquidX OG spot traders.

ChainCatcher news, according to CoinDesk, the decentralized exchange perpetual aggregator Rage Trade announced plans to launch a new token (RAGE) on August 7 through a liquidity generation event and a token sale hosted on Fjord Foundry. The token will be built on the recently launched Layer1 blockchain Hyperliquid.Rage Trade currently integrates GMX, Synthetix, Dydx, Aevo, and Hyperliquid. It aims to allow traders to manage positions across multiple chains and earn rewards on each chain.

ChainCatcher news, the perpetual contract protocol Rage Trade has released its tokenomics, which includes: 35% for token sales, 30% for community treasury, 15% for the team, 13.5% for private buyers, and 6.5% for airdrops.The airdrop portion consists of: 4% for V1 users, 1.25% for V2 users, and 1.25% for @HyperliquidX OG spot traders.Previous news, in May 2023, the Arbitrum ecosystem perpetual contract protocol Rage Trade received investment from OKX Ventures, with the investment amount undisclosed. Rage Trade stated that recent work has focused on developing v2 perp, and details about v2 perp and the treasury plan will be announced next week.

According to ChainCatcher news, the investment report released by OKX Ventures in May 2023 shows that they continue to pay attention to the industry and are optimistic about tracks such as ZK ecosystem, infrastructure, DeFi, and Web3.0. This month, they invested in three projects: the LSD stablecoin protocol Prisma Finance, the full-chain perpetual futures protocol Rage Trade based on the Arbitrum ecosystem, and the anti-malicious MEV protocol Shutter, covering the LSD, decentralized derivatives, and MEV tracks.It is reported that OKX Ventures focuses on exploring high-quality projects globally, supporting cutting-edge blockchain technology innovations, and investing in long-term structural value. In just 2 years, they have invested in over 300 projects across 5 continents, with a current fund size of approximately $1 billion, covering almost all tracks in their investment landscape.

ChainCatcher message, Curve Finance tweeted that the redeployment of the Curve native stablecoin crvUSD contract has been completed. This deployment was tested live through soft liquidation of arbitrage trades, reminding arbitrage traders to update their bot addresses. (Source link)

ChainCatcher news, the Arbitrum ecosystem perpetual contract protocol Rage Trade has received investment from OKX Ventures, with the amount undisclosed. Rage Trade stated that recent work has focused on developing v2 perp, and details about v2 perp and treasury plans will be announced next week. (source link)

ChainCatcher news, the perpetual protocol Rage Trade announces the integration of the LayerZero-based cross-chain bridge Stargate. Through this integration, users can conveniently enter the Rage Trade vault from any Stargate-compatible chain. (Source link)

According to ChainCatcher news, statistics from Dune user defimochi show that the total trading volume of the top 5 perpetual contract trading platforms on Arbitrum (GMX, Rage Trade, Cap Finance, MUX, Mycelium) has reached $11,137,261,284, with a total user count of 51,665. (source link)

ChainCatcher news, the Arbitrum ecosystem perpetual contract protocol Rage Trade will launch on the Arbitrum network on December 12, while the Delta Neutral GLP vault, launched in collaboration with GMX, will also go live simultaneously.It is reported that Rage Trade is building the most liquid and composable cross-chain ETH perpetual contract protocol (supported by UNI V3). Delta Neutral Vaults allow users to provide liquidity on GMX in a delta-neutral manner while earning ETH rewards on GMX. (source link)