RollX has established itself as the preeminent BTC-Fi derivatives platform on the Base chain, achieving a daily trading milestone exceeding $100 million. This surge accompanies significant user growth with over 80,000 active traders participating on the platform.
With $32 million in total value locked (TVL), RollX specializes in Bitcoin ecosystem derivatives featuring perpetual contracts offering leverage up to 1000x. The platform uniquely integrates BTC and Ethereum liquidity staking tokens (LST), expanding utility for cryptocurrency derivatives traders.
Operating under a Hyperliquid governance model, RollX ensures full community ownership without venture capital involvement. This decentralized structure prioritizes user governance and platform evolution driven by its trader community.
A recent rebranding initiative introduced RollX’s Genesis event, featuring a $200,000 prize pool and upcoming token airdrops to boost user engagement. The platform additionally secured first place in the Bitlayer ecosystem competition, earning $1 million in rewards that will further enhance ecosystem development.