Solana-based crypto derivatives exchange Ranger Protocol has raised $1.9 million from venture investors to develop AI-assisted trading strategies. Ranger's trading venue pools crypto perps from multiple protocols to offer traders favorable deals. The protocol plans to launch new product lines that combine programmatic trading strategies with social media and data insights, managed by AI agents. The integration of AI and DeFi is expected to redefine trading and enhance efficiency. Ranger's backers believe their aggregation strategies will provide deeper liquidity for institutional perps traders. The funding round closed in December at a $30 million valuation.



Other News from Today