Rho
Rho X is an on-chain interest-rate derivatives exchange on Ethereum for trading funding, staking, and lending rates.
What is Rho?
Rho X is a crypto-native interest-rate derivatives market on Ethereum from Rho Labs. Traders use stablecoin collateral and unified cross-margin to long or short funding rates on Binance, OKX, Bybit, and other venues; hedge perpetual-futures funding costs; or fix staking yields through instruments like CESR ETH. Rho also operates the Rho Funding Index, a tradable benchmark aggregating BTC and ETH funding rates across major CEXes.
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Developer resources from Alchemy
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Rho alternatives
Explore web3 competitors and apps like Rho.
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GMX
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HMX
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
