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RateX DEX Review: What Should You Check First?

RateX is a yield-trading protocol on Solana and BNB Chain, but the details here are too limited to judge its costs or safety. Verify its terms and risks before connecting a wallet.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

RateX DEX key facts

RateX DEX key facts
TypeYield-trading protocol
ChainsSolana, BNB Chain
TokenRTX
Audits2 listed; scope and findings not established
Value locked$2.07M−6.2% 7d
Updated

RateX DEX FAQs

What is RateX DEX?

RateX is described as a yield-trading protocol on Solana and BNB Chain. It lets users trade yield through principal tokens and offers leveraged yield trading.

How do principal tokens work on RateX?

A principal token is described as redeemable at face value at maturity. Check the specific asset, maturity date and redemption terms before using one.

Is RateX audited and safe to use?

RateX lists two audits, but their scope and findings are not established here. Fees, team details and licensing are also not established, so review the protocol’s current documentation before committing funds.

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How we checked

Sources

  1. defillama.com/protocol/ratex-dex(opens in a new tab)

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