what's Rage Protocol?
Rage Protocol is a decentralized finance (DeFi) protocol operating on the Base blockchain, focused on providing structured financial products for arbitrage and risk management in cryptocurrency markets. It enables users to engage in premium capture through on-chain mechanisms that offer downside protection, allowing participants to hedge against asset volatility while pursuing yield opportunities. The protocol utilizes smart contracts to automate these processes, ensuring transparency and efficiency in transactions. By integrating arbitrage strategies with protective elements, such as coverage against significant asset declines, Rage Protocol facilitates a balanced approach to DeFi participation. This setup appeals to investors seeking to mitigate risks in perpetuals or spot markets, promoting composability within the broader Ethereum ecosystem via Base's scalability.
Rage Protocol is the 2nd largest holder of $HESTIA & $CIRCLE tokens, with 1.12 enrichment per token.
Listed on DeFiLlama, increasing project visibility and tracking.
Protocol becomes 2nd largest holder of $HESTIA and $CIRCLE tokens, with enrichment at 1.12 per token.
The protocol is now live trading into premium. $HESTIA token reaches all-time highs.