Description
Rave is a DeFi protocol, live on Base, that redefines altcoin trading by allowing any altcoin to be used as collateral for perpetual futures on major markets like BTC, ETH, and SOL. Rather than being exposed to liquidation risk from collateral price volatility, users win or lose based on the market's USD percentage change, with PnL settled directly in the deposited altcoin. The platform also offers permissionless, single-token liquidity pools, letting users provide liquidity in any altcoin to earn real yield from trading fees, or create new pools for tokens not yet supported. Rave primarily serves crypto traders and liquidity providers looking to utilize altcoin holdings productively without selling them.