what's Rho Labs?

Rho Labs develops Rho Protocol, the first institutional-grade on-chain interest rates market designed for crypto-native trading. It provides a non-custodial platform for futures and swaps on funding rates (e.g., Binance, Bybit, OKX, Hyperliquid, dYdX), Ethereum staking rates, and stablecoin yields, deployed on Arbitrum for transparency, efficiency, and zero counterparty risk. The platform bridges CeFi and DeFi by normalizing rates between exchanges and protocols, enabling traders to hedge, speculate, and manage yield exposure programmatically. Rho X represents their latest venue evolution, expanding multi-market functionality while maintaining capital markets-grade infrastructure built by TradFi professionals.

Rho Labs joined Canton Network as a Super Validator alongside major financial infrastructure providers.