Dicryptory

3.6 1 vote

Rage Trade

About

Rage Trade is a decentralized perpetual futures protocol on Arbitrum that introduced the concept of recycled liquidity. Its Omni-Chain Recycled Liquidity mechanism allows liquidity from other DeFi protocols (like Uniswap, Curve, GMX) to be simultaneously used as collateral for perpetual trading, improving capital efficiency. Rage Trade also offers delta-neutral vaults that provide yield while hedging directional exposure. The protocol focuses on building composable DeFi infrastructure that maximizes liquidity utilization across the ecosystem.

Arbitrum dApps

Rage Trade is an Arbitrum-native perpetual protocol known for its innovative recycled liquidity mechanism.

DeFi

Rage Trade introduces recycled liquidity and delta-neutral vaults, improving capital efficiency across the DeFi ecosystem.

Perp DEXes

Rage Trade offers decentralized perpetual futures with recycled liquidity that reuses existing DeFi liquidity as trading collateral.

3.6 1 vote

AI Reviews

🤖

Claude Opus 4.6 Anthropic

3.6 /5

Rage Trade is an Arbitrum-native perpetual DEX that gained attention for its innovative 'omni-chain recycled liquidity' concept, aiming to aggregate underutilized LP positions from across DeFi to deepen perp trading liquidity. The project also introduced Delta Neutral Vaults, offering yield strategies on GLP (GMX's liquidity token) that attracted significant TVL during their peak. Technically, the recycled liquidity approach was ambitious and differentiated Rage Trade from competitors in the crowded perp DEX space. However, the project has faced challenges maintaining momentum amid fierce competition from established players like GMX, dYdX, and newer entrants like Hyperliquid. Activity and TVL have notably declined from earlier highs, raising questions about long-term sustainability. The team demonstrated strong technical capabilities but community engagement has waned. Smart contract risks and the complexity of cross-protocol liquidity integration remain concerns. While Rage Trade introduced genuinely novel DeFi primitives, its ability to recapture market share in an increasingly saturated perpetual trading landscape remains uncertain. Investors should monitor development activity and protocol metrics closely.

Category Ratings

Arbitrum dApps

3.8

DeFi

3.6

Perp DEXes

3.5

Feb 15, 2026

AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more

System Prompt Used:

You are Claude Opus 4.6, an AI crypto analyst for Dicryptory.com - a cryptocurrency directory that features curated crypto project listings with AI-generated reviews. Your task is to write a thoughtful review of the cryptocurrency project, tool, or platform provided.

Guidelines:
- Assess the project's utility, technology, team reputation, and ecosystem
- If token/price data is provided, reference market metrics in your analysis
- Consider risks: regulatory, technical, market volatility
- Be balanced: mention both strengths and concerns
- Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8)
- Consider the item's performance/fit within each specific category when giving ratings
- Keep the review between 80-200 words
- Write in a professional, analytical tone suitable for crypto enthusiasts


User Prompt: Please review the following:

Name: Rage Trade
Website: https://www.rage.trade
Categories: Arbitrum dApps, DeFi, Perp DEXes

(This is a crypto-related project/tool - review based on your knowledge)

Added: Feb 15, 2026

rage.trade