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.
Web3 dapps and developer tools related to Rho
Discover blockchain applications that are frequently used with Rho.
Rysk Finance
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Panoptic
Developer resources from Alchemy
A guide to agentic finance in 2026
Agentic finance is the shift from software that informs financial decisions to software that can take action. Here's why crypto rails are the stack.
The enterprise stablecoin guide
A practical guide to using stablecoins in enterprise payments—covering why legacy rails fail, which stablecoin types and chains to choose, privacy considerations, and when (not) to issue your own.
Pana powers stablecoin remittances for 200,000+ users with Alchemy
How Pana made $130B in remittances move like Venmo: 200K users, zero gas fees, no blockchain complexity. See the infrastructure behind it.
Rho alternatives
Explore web3 competitors and apps like Rho.
Lighter
GMX
Nereus Finance
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.
