Rho Labs is set to publicly launch Rho Protocol, the first institutional-grade market for crypto interest rates, on March 31.
Rho has transformed crypto interest rates into a liquid, tradeable asset class, allowing institutions to hedge and deploy profitable rate strategies.
Products available on the platform at launch include perpetual funding rate futures and staking rate futures, as well as a virtual automated market maker (vAMM) and a liquidity vault.
Rho Labs recently completed a $4m seed funding round to enhance liquidity, onboard institutional participants, and develop non-custodial trading solutions.