OKX Ventures, the investment arm of the renowned Web3 and crypto exchange OKX, has revealed its plans to invest in Rage Trade. Rage Trade is an innovative two-footed, crypto trading protocol that is powered by the Arbitrum mainnet and the Ethereum network. This protocol provides users with the ability to engage in perpetual swaps of ETH tokens with nearly 10x leverage.

Founder of OKX Dora Yue expressed enthusiasm for the investment opportunity, asserting that the company is thrilled to participate. She also shared that Rage Trade offers a leading delta-neutral approach to help GLP users navigate risks related to price volatility. Furthermore, Yue noted that the upcoming V2 version of the perpetual contracts from Rage Trade should have considerable potential, elaborating that it could become a dark horse for the decentralized derivatives market with its innovative features.

OKX is a reputable tech platform that offers reliable and fast crypto trading services for professional investors and traders around the world. The platform holds the second-highest trading volume, and offers secure self-custody solutions such as the OKX Wallet, a Web3 compatible wallet that enables users to maintain greater control over their assets. With this latest investment, OKX's reach in the crypto market continues to grow even further.



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