RabbitX Exchange Guide
RabbitX Exchange is a decentralized perpetual futures trading platform built on StarkNet, an Ethereum Layer‑2 scaling solution. It allows users to trade derivatives such as perpetual futures with high speed, low fees, and full self‑custody of funds. Unlike centralized exchanges, RabbitX does not hold users' assets.
Key Features of RabbitX
- Decentralized Derivatives Trading: Trade perpetual futures with leverage directly from your wallet.
- High Performance: Built on StarkNet with off‑chain matching for speed and on‑chain settlement for transparency.
- Non‑Custodial Security: Users retain full control of private keys; funds never leave the wallet.
- Low Fees: Layer‑2 scaling reduces gas costs, often making trading gas‑free.
- Advanced Trading Tools: Market, limit, stop orders, charting, cross-margining, and risk management features.
- Multiple Markets: Trade crypto derivatives like BTC‑PERP, ETH‑PERP, and plans for other asset classes.
How RabbitX Works
- Visit the RabbitX platform.
- Connect a StarkNet-compatible wallet (MetaMask, Argent X, Braavos).
- Deposit supported assets like ETH or USDC as margin.
- Select a market and choose an order type (market, limit, stop, etc.).
- Execute trades — orders are matched off-chain and settled on-chain.
- Monitor positions, margin levels, and funding rates in real-time.
Benefits of RabbitX
- Full control over your funds — non-custodial wallet.
- Zero or low trading fees due to Layer‑2 scaling.
- Transparent and auditable smart contract settlements.
- Professional-grade trading tools for advanced users.
- 24/7 global trading without centralized restrictions.
Risks and Considerations
- Smart Contract Risk: Even audited contracts can have vulnerabilities.
- Layer‑2 Complexity: Bridging assets from Ethereum mainnet may be confusing for beginners.
- Derivatives Risk: Leverage trading can amplify both gains and losses.
- Regional Availability: Regulatory restrictions may apply in some countries.
RabbitX vs Centralized Exchanges
| Feature |
RabbitX |
Centralized Exchange |
| Custody |
User holds funds |
Exchange holds funds |
| Fees |
Low / Gas-free |
Higher fees |
| Trading Speed |
Fast (Layer-2) |
Moderate |
| Security |
Decentralized, auditable |
Centralized, risk of hacks |
| Market Access |
24/7, global |
24/7, sometimes restricted |
Getting Started on RabbitX
- Visit the official RabbitX platform: rabbitxexchange.onrender.com
- Connect a StarkNet-compatible wallet like MetaMask, Argent X, or Braavos.
- Deposit ETH, USDC, or supported tokens into your wallet.
- Choose the market and order type to start trading.
- Monitor positions, manage margin, and execute trades securely.
FAQs
Q1: Is RabbitX custodial or non-custodial?
RabbitX is fully non-custodial. Users retain control of their funds in their wallets.
Q2: What types of trading are supported?
RabbitX supports perpetual futures trading with leverage and plans to expand into additional asset classes.
Q3: Are fees high on RabbitX?
No, Layer‑2 scaling allows low or zero gas fees for trading and transactions.
Q4: Is it safe to trade on RabbitX?
It is relatively safe if you use secure wallets and follow best practices, but smart contract and leverage risks remain.
Conclusion
RabbitX Exchange combines the speed and functionality of centralized derivatives platforms with the security and transparency of decentralized finance. With non-custodial wallets, Layer‑2 efficiency, and professional trading tools, it offers traders a unique, low-fee, and transparent platform for crypto derivatives trading.