Rave

RAVE is a Layer-2 application chain built on Initia that permissionlessly enables tokens as collateral to trade perpetual markets using quanto contracts. RAVE brings quanto contracts on-chain for any token to collateralize and trade perpetual futures. RAVE Trade enables anyone to use any token as collateral to gain leveraged exposure to perpetual markets in a quanto derivative, or deposit tokens in a single-sided LP to provide liquidity and earn yield.