Permissionless Perpetuals & Derivatives with Zero Gas Fees on Starknet
RabbitX is a decentralized derivatives exchange built on Starknet, aiming to bring perpetual futures trading to DeFi users with high performance, gas-free transactions, and non‑custodial access. Since its launch in 2023, RabbitX has positioned itself as a platform where traders can access global markets 24/7 without intermediaries. :contentReference[oaicite:0]{index=0}
As a derivatives DEX, RabbitX allows speculation on asset prices with leverage, including long and short positions. It supports markets for major cryptocurrencies like BTC, ETH, SOL, and others, and plans to expand its asset list to include commodities, FX, and possibly real‑world assets in future roadmaps. :contentReference[oaicite:1]{index=1}
Thanks to Starknet’s zero‑knowledge rollup technology, RabbitX allows users to trade perpetual contracts without paying gas fees for order submission or cancellations. On‑chain settlement is handled efficiently to minimize cost. :contentReference[oaicite:2]{index=2}
Traders can use leverage (typically up to 20x) to amplify their exposure. RabbitX provides risk management tools to help mitigate the higher risk associated with leverage. :contentReference[oaicite:3]{index=3}
Order matching is handled off‑chain for speed with execution; but settlements, margin, and final state are recorded on-chain to ensure transparency and security. This hybrid architecture aims to combine the best of centralized exchange speed with DeFi trustless properties. :contentReference[oaicite:4]{index=4}
Users connect their own wallets, such as MetaMask, Argent, or other Starknet‑compatible wallets. RabbitX never holds your private keys. :contentReference[oaicite:5]{index=5}
The platform supports limit, market, stop‑loss, take‑profit, grid orders, and chart‑based trading. The interface is built to support both beginners and professional traders alike. :contentReference[oaicite:6]{index=6}
RabbitX is designed to be permissionless: no KYC for basic trading in many cases, global availability, and deep liquidity from market makers to reduce slippage. :contentReference[oaicite:7]{index=7}
Here is a simplified flow of trading on RabbitX:
Security is a core design principle for RabbitX. Several mechanisms are in place to protect users and maintain system integrity:
In many use cases RabbitX does not require full KYC for perpetuals trading. It is permissionless in nature. However, for certain jurisdictions, large volumes, or fiat on‑ramps, KYC may be required. Always check the latest from the platform. :contentReference[oaicite:19]{index=19}
RabbitX currently offers up to ~20× leverage on many perpetual contracts. Higher leverage may exist for certain markets depending on risk and liquidity. :contentReference[oaicite:20]{index=20}
Yes — for most trades, RabbitX eliminates gas fees using Starknet’s rollup scalability and protocol design. There may be small fees or bridging costs for deposits/withdrawals in some cases. :contentReference[oaicite:21]{index=21}
Because it is non‑custodial, you can withdraw your collateral or earnings at any time via your wallet. Ensure you have enough balance for gas or bridge fees if you are interacting with base chains. :contentReference[oaicite:22]{index=22}
RabbitX supports Starknet‑compatible wallets such as MetaMask, Argent, Rabby, Braavos, and others. Always ensure your wallet is compatible with the network and has the latest version. :contentReference[oaicite:23]{index=23}
Since RabbitX is non‑custodial, the protocol does not hold your private keys. If you lose access to your wallet or seed phrase, you lose access to your funds. Always backup your seed phrase and use hardware or secure wallet options. :contentReference[oaicite:24]{index=24}
RabbitX has been built with transparent smart contracts and public auditability. It leverages Starknet’s security model (zero‑knowledge proofs) and employs risk engines, margin controls, and audited contracts. But as with all crypto derivatives, there is risk—including smart contract bugs, oracle manipulation, or market volatility. :contentReference[oaicite:25]{index=25}