Question 1

What is RateX (RTX)?

Accepted Answer

RateX (RTX) is the protocol token of the RateX Protocol, a decentralised system designed for yield trading and the minting of synthetic yield-bearing assets. The protocol allows users to trade yield exposure independently from the underlying asset through the use of synthetic Standard Tokens (ST) and Yield Tokens (YT). Instead of relying on traditional yield stripping, RateX uses a minting system that creates synthetic yield tokens without requiring a one-to-one deposit of yield-bearing assets. This changes how liquidity and leverage are managed on-chain.

Question 2

What is RateX (RTX) token used for?

Accepted Answer

RTX is intended to support the governance and ongoing operation of the RateX Protocol. The protocol enables users to:
- Take long or short positions on yield using Yield Tokens (YT).
- Hedge variable yields from staking, lending, liquidity pools and other on-chain yield sources.
- Mint synthetic assets, including synthetic principal tokens and assets with defined yield characteristics.
- Provide liquidity through universal or specific liquidity pools with configurable yield ranges.
- Trade yield via a hybrid system combining an automated market maker and a decentralised order book.

The protocol also includes a margin engine, liquidation framework and an insurance fund to manage leveraged yield positions and protocol risk.

Question 3

Who created RateX (RTX)?

Accepted Answer

RateX was created by **Sean Hu**, founder of **Rate Labs**. Sean Hu is publicly described as a yield and rates trader and leads the development of the RateX Protocol, which focuses on infrastructure for yield trading and structured yield products in decentralised finance.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	RTX-USDT RTXUSDT_SPBL	bitget	BB	0.6965USDT	0.69%	31,584.80RTX	1,259	0.6917USDT	0.7090USDT
2	RTX-USDT rtx_usdt	xtpub	-	0.6965USDT	0.85%	12,513.42RTX	1,100	0.6906USDT	0.7090USDT