Skip to content

Rho X Review: What You Need to Know Before Trading

Rho X is an onchain market for trading crypto interest rates, but key details about fees, custody and how to use it remain unclear.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Rho X key facts

Rho X key facts
TypeOnchain crypto interest-rate market
MarketsStaking, lending and funding rates
ChainsEthereum, Arbitrum
TokenNone listed
Value locked$589K−0.0% 7d
Updated

Rho X FAQs

What can you do on Rho X?

Rho describes its market as covering staking, lending and perpetual-futures funding rates. Its homepage also refers to locking floating funding rates into fixed rates.

Does Rho X have a token or published fees?

Rho X has no token listed in its project classification. Fees and trading costs are not published in the project details available here, so check the terms in the app before trading.

Is Rho X audited, and which chains does it support?

Ethereum and Arbitrum are listed as supported chains. No audit is listed, and the custody model is not established, so avoid depositing funds you cannot afford to lose.

Compare

Rho X alternatives

All alternatives
Pendle logo

Pendle

Interest Rate Derivatives

Score 6.2 out of 10

Pendle lets experienced DeFi users trade tokenized yield, but market, contract and fee risks need checking before you deposit.

Ethereum
Exponent logo

Exponent

Interest Rate Derivatives

Score 5.8 out of 10

Exponent offers Solana fixed-yield trading and yield-risk tools, but check market terms, fees and contract risks before committing funds.

Solana
Rho Protocol logo

Rho Protocol

Interest Rate Derivatives

Score 5.6 out of 10

Rho offers Arbitrum rate markets, perps and vaults, but check its fees, custody terms and audit coverage before depositing.

TVL $57.7K−0.1%Arbitrum
Hyperdrive logo

Hyperdrive

Interest Rate Derivatives

Score 5.2 out of 10

Hyperdrive offers fixed-rate yield trades and liquidity provision, but check pool costs, liquidity and contract risks before depositing.

TVL $66.4K−0.7%Ethereum · Linea · xDai +1
Spectra V2 logo

Spectra V2

Interest Rate Derivatives

Score 4.3 out of 10

Spectra V2 offers yield derivatives and curated vaults, but unclear fees and no listed audits call for careful checks before depositing.

TVL $10.6M+6.5%Flare · Stellar · Ethereum +10
Boros logo

Boros

Interest Rate Derivatives

Score 4.2 out of 10

Boros offers Pendle-linked, margin-based funding-rate trades on Arbitrum, but check costs, liquidation terms and contract risks before using it.

TVL $7.61M−2.2%Arbitrum

Same category

More Interest Rate Derivatives dApps

Interest Rate Derivatives rankings
RateX DEX logo

RateX DEX

Interest Rate Derivatives

Not rated yet

RateX offers yield trading on Solana and BNB Chain, but costs and key safety details need verification before use.

TVL $2.07M−6.2%Solana · BNB Chain
IPOR Derivatives logo

IPOR Derivatives

Interest Rate Derivatives

Not rated yet

IPOR’s app presents Fusion vaults, not a clear derivatives interface; verify the product and its terms before depositing.

TVL $484K−0.3%Arbitrum · Ethereum · Base
Voltz logo

Voltz

Interest Rate Derivatives

Not rated yet

Voltz is an interest rate swap AMM across three chains, but key details about fees, audits and current operation remain unclear.

TVL $223K−0.5%Ethereum · Arbitrum · Avalanche
Spectra V1 logo

Spectra V1

Interest Rate Derivatives

Not rated yet

Spectra V1’s yield-tokenization pools are discontinued, so it is not a protocol to use for new deposits.

TVL $172K−2.1%Polygon · Ethereum
Tranche Finance logo

Tranche Finance

Interest Rate Derivatives

Not rated yet

Tranche Finance is a interest rate derivatives project on Ethereum, Polygon, Avalanche and Fantom.

TVL $32.3K−0.5%Ethereum · Polygon · Avalanche +1
FIVA logo

FIVA

Interest Rate Derivatives

Not rated yet

FIVA describes yield strategies on TON, but its costs, contract risks and practical access details remain unclear.

TVL $30.4K−0.1%TON

Same chain

More on Ethereum

Ethereum rankings
Lido logo

Lido

Staking Pool

Score 7.8 out of 10

Lido turns staked ETH into liquid stETH, but variable rewards, a 10% reward fee and withdrawal and contract risks need checking.

TVL $21.7B−1.1%Ethereum · Solana · Terra +2
Bitvavo logo

Bitvavo

Centralized Exchanges

Score 7.7 out of 10

Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.

TVL $311M−13.3%Ethereum · Bitcoin · Solana +9

Aave

Lending

Score 7.7 out of 10

Aave offers open crypto lending and borrowing, but variable rates, gas costs and liquidation risk make it best for informed DeFi users.

Ethereum
Aave V3 logo

Aave V3

Lending

Score 7.6 out of 10

Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.

TVL $15.8B+3.4%Ethereum · Base · Arbitrum +18
Getblock logo

Getblock

Infrastructure

Score 7.4 out of 10

GetBlock suits teams needing multi-chain RPC and data services, but check usage billing, coverage and SLA terms before relying on it in production.

Bitcoin · XRP Ledger · Ethereum +3
Uniswap logo

Uniswap

DEXes

Score 7.4 out of 10

Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.

Ethereum · Base · Arbitrum +2

How we checked

Sources

  1. defillama.com/protocol/rho-x(opens in a new tab)

Last updated . Spotted an error? Tell us and we will correct it.