RollX Surpasses $100 Million Daily Volume, Leads Base Chain BTC-Fi Track

RollDex, a decentralized derivatives protocol, has successfully upgraded to RollX, marking a significant milestone in the Base chain ecosystem. The platform has rapidly ascended to the top spot in the Base chain's BTC-Fi track, boasting impressive metrics that underscore its growing influence. RollX's daily trading volume has surpassed $100 million, with over 80,000 active users and a total value locked (TVL) of $32 million. This rapid growth positions RollX as a leading player in the Bitcoin ecosystem derivatives market.

RollX is designed to support up to 1000x leverage perpetual contract trading, a feature that sets it apart in the derivatives market. The platform integrates BTC/ETH liquidity staking assets (LST) to achieve revenue layering and risk diversification. This integration allows users to maximize their returns while managing risk effectively. The development team behind RollX has a strong background in derivatives, having previously secured the first place in the Bitlayer ecosystem and received $1 million in incentive support.

One of the key differentiators of RollX is its adherence to the Hyperliquid model. Unlike many other platforms, RollX has no venture capital ownership and is 100% community-owned. This decentralized approach ensures that governance and incentives are distributed entirely on-chain, fostering a transparent and user-centric environment. The platform aims to provide a user experience that rivals centralized exchanges, making it an attractive option for both novice and experienced traders.

Following the brand upgrade, RollX has launched the Genesis event, offering users the opportunity to earn points by completing on-chain transactions and social tasks through Galxe Starboard. Participants in this event can qualify for a $200,000 prize pool distribution and future airdrops, adding an extra layer of engagement and reward for the community. The slogan "Roll into anything. Roll into everything. Roll into X." encapsulates RollX's ambition to become the key trading engine in the BTC-Fi world, driving innovation and growth in the derivatives market.