Alex Ryvkin is the CEO of Rho Labs, building Rho Protocol, an interest rate derivatives protocol and the first institutional grade on-chain rates market.
Why you should listen
Rho Protocol is a new institutional-grade decentralized marketplace on Arbitrum that allows retail and professional traders to efficiently exchange rate risk via on-chain swaps and futures in a secure, efficient, and compliant manner.
Rho Protocol’s first family of products are fixed-to-floating interest rate swaps on a diverse set of index rates. In TradFi, this product comprises over 60% of the total outstanding interest in interest rate derivatives.
The protocol is currently in beta with big expansion plans for new products planned for 2024. Rho raised $2.2m in a pre-seed funding round late last year.
Supporting links
Bitget
Bitget Academy
Bitget Research
Bitget Wallet
Rho Protocol
Brave New Coin
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Source: https://bravenewcoin.com/insights/rho-protocol-on-chain-interest-rate-derivatives