On October 18, COINOTAG reported the **official launch** of RateX, a **leveraged yield trading platform** now operational on the **Solana mainnet**. This innovative Decentralized Exchange (DEX) focuses on **leveraged yield trading**, providing users with options for fixed income investments and opportunities for **yield liquidity mining**. In a strategic move to enhance its service offerings, RateX has partnered with **Jito** and **Jupiter**, aiming to broaden the **application scenarios** for yield trading within the **Solana ecosystem**. RateX’s development prowess was underscored when it clinched the top prize at the **Solana Renaissance Hackathon MCM**, earning recognition and support through a grant from the **Solana Foundation** alongside investments from notable venture capitalists. This partnership and launch position RateX as a significant player in the competitive landscape of cryptocurrency trading.
Source: https://en.coinotag.com/breakingnews/ratex-launches-on-solana-mainnet-expanding-leveraged-yield-trading-with-new-partnerships/