Rho Protocol – On-chain Interest Rate Derivatives
Why you should listen Rho Protocol is a new institutional-grade decentralized marketplace on Arbitrum that allows retail and professional traders to efficiently exchange rate risk via on-chain swaps and futures in a secu...
Rho Protocol is a new institutional-grade decentralized marketplace on Arbitrum that allows retail and professional traders to efficiently exchange rate risk via on-chain swaps and futures in a secure, efficient, and compliant manner.
Rho Protocol’s first family of products are fixed-to-floating interest rate swaps on a diverse set of index rates. In TradFi, this product comprises over 60% of the total outstanding interest in interest rate derivatives.
The protocol is currently in beta with big expansion plans for new products planned for 2024. Rho raised $2.2m in a pre-seed funding round late last year.
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