Rage Trade is a decentralized derivatives project whose products changed over time: its early Arbitrum design paired an ETH perpetual market with liquidity-recycling vaults, while its later V2 product was presented as a multi-market perpetuals aggregator. These are distinct product phases, so descriptions of the original 80-20 vault should not be read as a description of V2.
Early Perpetuals and 80-20 Vaults
The first Rage Trade products used Uniswap V3 liquidity as part of an ETH perpetual-market design. Its 80-20 vault concept kept most of certain deposited liquidity in an external strategy while allocating a smaller share to the protocol’s trading market. “Recycled liquidity” described reusing liquidity already placed in another pool; it did not make the external strategy risk-free or guarantee a return. The actual risk depended on the vault, market conditions, contracts, and external protocols involved.
Rage V2 Aggregator
Rage Trade later described V2 as an interface for routing perpetual trades across multiple exchanges and networks. An aggregator can compare venues or route a trade, but it does not erase the risks of the destination exchange, bridge, smart contracts, collateral, or leverage. The project’s 2024 Arbitrum grant application documented the V2 aggregator and its planned integrations at that time. That dated record is not evidence that every integration or the interface remains live today.
How to Read Older Rage Trade Descriptions
Older explanations often treat the 80-20 vault as the whole project or describe its early ETH market as an active product. Later material covers an aggregator instead. When comparing sources, check which version and date they refer to. Historic strategy names and launch-era performance claims do not establish present availability, yields, volume, or safety.
Rage Trade’s public code repositories document separate components, including the original Uniswap V3 perpetuals core, vaults, and later aggregator SDK work. Repository activity alone does not confirm that a frontend, market, vault, or contract is currently maintained.
Social Media Sentiment
A December 2023 r/ethtrader thread reported the V2 perpetual-aggregator beta launch. It records a launch-era mention, not current product availability or broad user opinion. Read the Reddit discussion. This is a dated example of community discussion, not a representative or current measurement of overall sentiment.
Last updated: 2026-10
Related Terms
See Also
Sources
- Rage Trade — 2024 Arbitrum grant application — Describes Rage V2 as a multi-chain perpetuals aggregator and records the project’s product claims and roadmap at that time.
- Rage Trade — official GitHub organization — Lists separate repositories for the Uniswap V3 perpetuals core, vaults, and aggregator SDK, helping distinguish product generations.