Rage Trade: Capital Efficiency and Passive Liquidity for On-Chain Perps
Quick take
- Liquidity for purely on-chain perpetual futures remains generally low.
- Composability of fully on-chain protocols offers competitive advantages, but this edge continues to be inaccessible at scale until liquidity grows.
- Rage Trade attempts to offer deep liquidity through passive vaults while preserving high capital efficiency for LPs.
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Author: Afif Bandak