RabbitX Exchange is a decentralized perpetual futures platform built on Starknet (a ZK‑rollup Layer‑2) that combines the performance of centralized exchanges (fast matching, deep liquidity) with the transparency and self‑custody benefits of DeFi. Its design removes many friction points common in DeFi, offering features like zero gas fees on trading, up to 20× leverage, and order‑book style matching. (Official: docs.rabbitx.com) :contentReference[oaicite:0]{index=0}
Key Features of RabbitX Exchange
- Zero gas fees & gasless trading: Trades are executed without the user bearing Ethereum gas fees, thanks to Starknet infrastructure. :contentReference[oaicite:1]{index=1}
- Up to 20× leverage: Enables traders to amplify positions on perpetual contracts for major crypto assets. :contentReference[oaicite:2]{index=2}
- Hybrid order‑book model: Off‑chain matching for speed, on‑chain settlement for trust & transparency. :contentReference[oaicite:3]{index=3}
- Self‑custodial control: Funds remain in users' wallets; no centralized custody. Supported wallets include MetaMask, Argent, Braavos, etc. :contentReference[oaicite:4]{index=4}
- Many markets & deep liquidity: Perpetuals on BTC‑USDC, ETH‑USDC, SOL‑USDC and more. RabbitX plans continued expansion. :contentReference[oaicite:5]{index=5}
- Advanced order types & tools: Limit, market, stop‑loss, take‑profit, chart‑based order entry, cross‑margin options. :contentReference[oaicite:6]{index=6}
How RabbitX Exchange Works
- Connect a Starknet‑compatible wallet (e.g. MetaMask with Starknet support, Argent, Rabby, etc.). :contentReference[oaicite:7]{index=7}
- Bridge or deposit assets (USDC, ETH, etc.) into Starknet using the official bridge. :contentReference[oaicite:8]{index=8}
- Choose a market, select leverage, order type, and place trades via the RabbitX UI (app.rabbitx.io). Off‑chain matching happens, settlement on‑chain. :contentReference[oaicite:9]{index=9}
- Monitor open positions, margin ratios, PnL, and use tools like stop‑loss, take profit, or conditional orders to manage risk. :contentReference[oaicite:10]{index=10}
- Withdraw funds at any time back to your wallet/chain. The system supports non‑custodial withdrawals. :contentReference[oaicite:11]{index=11}
Troubleshooting RabbitX Exchange
Even with a well‑built system, some users may face issues. Below are common problems and what to do:
- Trading interface not loading / wallet won’t connect: Check network settings for Starknet; ensure wallet supports Starknet. Try clearing browser cache or switching browsers. Use official domains (e.g.
app.rabbitx.io
).
- Deposited funds don’t appear: Bridge transfers may take time. Confirm transactions on both chains. Use correct token and network when bridging. :contentReference[oaicite:12]{index=12}
- Unexpected liquidation: High leverage magnifies risk. Ensure your margin is sufficient, monitor funding rates, use stop‑loss tools. :contentReference[oaicite:13]{index=13}
- Orders not executed or delayed: This could be due to low liquidity, spread mismatch, or off‑chain matching delays. Try limit orders, check order book depth.
- Confusion over fees or gas costs: While RabbitX trades are gasless, gas or bridge fees may still apply when moving assets between networks or withdrawing. Verify each transaction.
FAQs — RabbitX Exchange
- 1. Do I need to complete KYC to use RabbitX Exchange?
- No. RabbitX Exchange is designed to be non‑custodial and decentralized; generally, it does not require KYC for trading perpetuals. :contentReference[oaicite:14]{index=14}
- 2. What wallets are compatible with RabbitX Exchange?
- Users can connect Starknet‑compatible wallets like Argent, Braavos, Rabby, MetaMask (with Starknet support), among others. :contentReference[oaicite:15]{index=15}
- 3. What leverage can I use on RabbitX Exchange?
- Up to 20× leverage is available on many perpetual markets. Leverage levels vary depending on the asset, liquidity, and risk parameters. :contentReference[oaicite:16]{index=16}
- 4. Are trades on RabbitX really gas‑free?
- Trading on RabbitX incurs zero gas fees for trades thanks to its Starknet layer‑2 implementation. However, bridging assets and withdrawals may involve gas or bridge fees. :contentReference[oaicite:17]{index=17}
- 5. How is risk handled on RabbitX Exchange?
- RabbitX uses a risk‑management engine that includes real‑time margin calculations, maintenance margin or liquidation triggers, and algorithms (e.g. VWAP/TWAP liquidations) to reduce market impact during forced liquidations. :contentReference[oaicite:18]{index=18}
- 6. What markets and assets are supported?
- RabbitX supports a growing set of perpetual markets including major crypto pairs like BTC/USDC, ETH/USDC, SOL/USDC, and more. More markets (commodities, indices, RWAs) are expected to be added. :contentReference[oaicite:19]{index=19}
In summary, RabbitX Exchange aims to bridge the gap between the speed of centralized derivatives platforms and the transparency and safety of DeFi. If you're a trader who values non‑custodial control, deep liquidity, and zero fees, it's worth exploring. Always verify you're using official sites, understand leverage and liquidation mechanisms, and start small while you learn the ropes.
Useful Official Links:
• RabbitX Docs: docs.rabbitx.com :contentReference[oaicite:20]{index=20}
• RabbitX App / Trading Interface: app.rabbitx.io :contentReference[oaicite:21]{index=21}
• RabbitX Market Information (CoinGecko): coingecko.com/en/exchanges/rabbitx :contentReference[oaicite:22]{index=22}