What is Rhea Finance (RHEA)?

Rhea Finance is a unified DeFi protocol built on NEAR by combining the strengths of Ref Finance and Burrow Finance. It offers the most critical DeFi components—swap, lending, borrowing, margin trading, cross-chain asset integration, CLMM pools, and liquid staking—through a single interface. Assets are not limited to NEAR only; Bitcoin and assets from EVM-compatible chains can also be seamlessly transferred to the platform.

Rhea’s vision is clear: to create a new financial layer with no borders, where liquidity flows freely between chains and users can access all DeFi tools through a single unified experience.

How Does Rhea Finance Work?

Unified Liquidity and Multi-Purpose AMM Structure

Rhea Finance brings different pool types under one roof:

• CLMM (Concentrated Liquidity) pools
• Stable pools
• Yield-focused pools

This architecture provides both high trading volume and low slippage, increasing cross-chain transaction efficiency. The protocol automatically selects the most efficient price with its smart routing algorithm. Users can earn a share of swap fees, add liquidity to pools to earn LP tokens, and stake those tokens in farms for double-sided yields.

Swap Transactions

Swapping on Rhea Finance is very simple. After connecting a wallet to the platform:

1. Select the trading pair (e.g., NEAR → DAI).
2. Adjust transaction settings if necessary.
3. Check price, pool information, and estimated results in the “Details” section.
4. Initiate the transaction and confirm from the wallet.

Swap fees are distributed according to a specific structure and provide continuous yield to LPs.

Limit Orders: Centralized Exchange Experience with Ref v2 DCL Pools

Rhea’s limit order system is built on Discretized Concentrated Liquidity (DCL) pools. This system allows users to place limit orders by setting a price, just like on centralized exchanges.

When creating a limit order:

• Select the buy/sell pair.
• The specified price must fit the “bin” structure of the pool (the system automatically rounds to the nearest value if needed).
• The order is created and active/passive orders can be tracked on the platform.

Users can:

• Cancel orders,
• Claim filled orders,
• Withdraw both received assets and remaining funds in partially filled orders.

This structure offers an advanced trading option that is rare in DeFi.

Lending & Borrowing

Rhea Finance’s lending system is fully decentralized and managed by smart contracts running on NEAR. Users can:

• Deposit assets as collateral to earn interest,
• Borrow against this collateral to create liquidity.

The ability to use LST (Liquid Staking Token) derivatives as collateral makes Rhea very strong in both staking and borrowing.

For example, users can:

• Deposit stNEAR and borrow NEAR to create a leveraged staking position,
• Or borrow stablecoins to open “self-repaying” positions.

Margin Trading

Rhea Finance offers a powerful margin trading system built on top of its lending infrastructure. The system automates manual “loop” operations in a single step, making it much easier.

Margin trading is available on the following assets:

• Meme tokens (selected assets)
• NEAR
• nBTC

Leverage ratios:

• Meme tokens: 2x
• NEAR and nBTC: 3x

Due to the volatile nature of the meme token market, these products operate through isolated positions. This separates risk from the main lending pool.

In Margin Trading, liquidation occurs fully. When a position is liquidated, the debt and all obligations are automatically closed.

Liquid Staking: rNEAR

Rhea Finance has developed the first multi-chain liquid staking protocol for NEAR.

Users:

• Stake NEAR → receive rNEAR in return.
• rNEAR is a yield-bearing token that increases in value over time.
• Users can unstake at any time to get their NEAR back.
• rNEAR can also be used on other chains.

This feature is very important for investors who want to earn yield while keeping their assets liquid without locking them up.

RHEA Investors

RHEA is a project that attracts the attention of top-tier investors with its strong institutional capital structure and multi-chain growth vision. Working with funds that are critical for both Tier-1 and the global ecosystem clearly demonstrates the confidence in the project’s long-term potential. Thanks to these strategic partnerships, RHEA is in a position to rapidly advance both its technological infrastructure and ecosystem expansion.

Main Investors:

• Jump_
• Dragonfly Capital
• OKX Blockdream Ventures
• KuCoin Ventures
• Kronos
• SevenX Ventures
• Move Capital
• Puzzle Ventures

Farming (Yield Farming)

Users can stake their LP tokens in farms to earn additional income from:

• Swap fees,
• Farming rewards,
• Extra incentives.

Farms are consolidated in a single smart contract and can distribute up to 16 different reward tokens simultaneously. This makes the Rhea ecosystem extremely attractive in terms of liquidity.

RHEA Tokenomics

The platform’s native token, RHEA, sits at the center of governance and value accrual.

RHEA’s roles:

• Core asset for staking and liquidity provision,
• Target token into which oRHEA rewards are converted,
• Central component that captures all value flows in the ecosystem,
• Main token that provides utility through fee burn models.

General Information

• Token Name: RHEA
• Ticker: RHEA
• Total Supply: 1,000,000,000

Token Distribution

• Team & Advisors: 11.8%
• REF & BRRR Conversion: 37%
• Airdrop & Incentives: 30.6%
• Liquidity: 8.6%
• Marketing: 6%
• Treasury: 6%

Vesting The team has adopted a long-term unlock plan:

• 6-month cliff
• 30-month linear vesting
• Zero tokens unlocked at TGE

This approach demonstrates strong commitment to the long-term sustainability of the ecosystem.

RHEA Token Stack: 3-Token Ecosystem

Rhea Finance uses an advanced three-token economic architecture to optimize DeFi growth and user incentives.

1. RHEA – Main Token
   • Primary governance asset
   • Center of value transfer
   • Core component for liquidity provision, staking, and incentive conversion
2. xRHEA – Staked RHEA
   • Non-transferable
   • Used for gas payments
   • Can be used as collateral in borrow/lending
   • Determines oRHEA → RHEA conversion rate
   • Signal of long-term commitment
3. oRHEA – Participation-Focused Reward Token
   • Earned through user behavior and on-chain activity
   • Non-transferable
   • Convertible to RHEA based on xRHEA ratio
   • Distributed seasonally
   • Replaces traditional “points system”

Rhea Finance Team

Ref Finance was launched in 2021 by Illia Polosukhin, one of the founders of NEAR Protocol. The first commit was made on March 9, 2021.

• Proximity Labs accelerated the project’s growth with funding received from the NEAR Foundation.
• In June 2021, Ref Finance DAO was established.
• Early contributing developers include Illia, Evgeny, Marco, Joe, and other key NEAR community members.
• Aescobar: Operations Lead
• Zero: Product Manager
• Marco: CTO
• 0xSocratic: Advisor

Today, Rhea Finance continues its journey as the next-generation unified DeFi platform built on this accumulated expertise.

Official Links

• Website
• X (Twitter)
• Whitepaper

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What Is Hyperion?

Hyperion is a decentralized exchange (DEX) platform developed on the Aptos blockchain, leveraging its high-performance parallel execution engine. Designed to deliver a user-friendly experience, Hyperion enhances the traditional automated market maker (AMM) model with its Concentrated Liquidity Market Maker (CLMM) system. This allows liquidity providers to allocate funds within specific price ranges, boosting capital efficiency and enabling traders to execute transactions with lower slippage. Looking ahead, Hyperion’s forthcoming Dynamic Liquidity Market Maker (DLMM) model promises to further revolutionize liquidity management.

Hyperion combines swap operations, liquidity provision, and vault strategies to establish itself as a leading liquidity hub within the Aptos ecosystem. Catering to both individual users and developers, the platform offers a flexible and secure DeFi experience. Incubated by BlockBooster and part of the Ankaa Accelerator Program, Hyperion is backed by prominent investors like OKX Ventures, Aptos Labs, Mirana Ventures, and Maelstrom, fueling its growth and potential.

RION Token and Tokenomics

At the core of the Hyperion platform is the RION token, which powers transactions, incentives, and future governance functions. Operating on the Aptos blockchain, RION has a total supply of 100 million tokens, distributed as follows:

• Liquidity Incentives: 30.0%

• Protocol Treasury: 22.9%

• Team and Advisors: 20.0%

• Public Distribution: 9.0%

• Investors: 8.1%

• Community Incentives: 5.0%

• Airdrop: 5.0%

This distribution model reflects a community-centric approach while allocating significant resources to the protocol treasury for long-term development. RION serves as an economic incentive, rewarding users for active participation in the platform. Inactive users do not qualify for these rewards, encouraging engagement and contribution.

Additionally, Hyperion introduces xRION, a non-transferable governance token obtained by locking RION for a specified period (up to 52 weeks). xRION grants holders voting rights in the platform’s governance processes once the Hyperion DAO is established. The amount of xRION received is calculated based on the number of RION tokens locked and the lock-up duration. For example, locking 1 RION for 52 weeks yields 52 xRION, while the original RION is returned upon lock-up expiration, resetting the xRION balance to zero.

Hyperion Vesting

Hyperion’s Key Features

1. Concentrated Liquidity

Hyperion’s standout feature is its concentrated liquidity model. Unlike traditional AMMs, where liquidity is spread across the entire price range, Hyperion allows liquidity providers (LPs) to focus their capital within specific price bands. This is particularly effective for low-volatility assets like stablecoins, maximizing capital efficiency. For instance, an LP can concentrate liquidity in a 0.995–1.005 price range for a stablecoin pool, optimizing fee earnings from active trades.

2. Fee-Based Liquidity Mining

Hyperion redefines liquidity mining with a fee-based model. Instead of distributing rewards based on liquidity volume, Hyperion allocates rewards according to the transaction fees generated by a liquidity position. This approach incentivizes active and effective liquidity provision, enhancing the platform’s overall efficiency.

3. Range Orders

Leveraging its concentrated liquidity algorithm, Hyperion enables advanced trading strategies through range orders. Similar to limit orders, range orders allow LPs to provide single-sided liquidity within specific price ranges for buying or selling. For example, in a BTC-USDC pool with a price of 20,000 USDC/BTC, a user can set a 19,000–19,001 range to buy BTC when the price drops, mimicking professional trading strategies.

4. Drips System

Hyperion’s Drips system rewards users for active participation in liquidity provision, trading, and community growth through referrals. Drips points, calculated daily, are earned based on liquidity provision and trading volume. The referral system further incentivizes engagement, granting users 20% of direct invitees’ points and 10% of second-level invitees’ points. This system fosters a vibrant ecosystem with exclusive benefits for active contributors.

Hyperion’s Roadmap

Hyperion has outlined an ambitious roadmap for 2025 and beyond:

• Early 2025: Launch of the Hyperion DEX mainnet with CLMM features on Aptos, acceptance into the Aptos LFM program, and strategic fundraising led by OKX Ventures.

• May 2025: Aiming to become the largest DEX on Aptos, launching Hyperion Vault, and initiating the Aptos USDC DeFi season with OKX Wallet.

• June 2025: Introducing a dual-layer liquidity capture system and launching the Hyperion Aggregator with CLOB functionality.

• Q3 2025: Launching the Hyperion Launchpad and conducting a token generation event (TGE) on major centralized exchanges.

• Q4 2025: Activating the DLMM model and integrating third-party curators into the Hyperion Vault platform.

• 2026 and Beyond: Exploring additional token use cases, deepening integrations with core infrastructure projects, and expanding localized operations in key regions.

Investors and Support

Hyperion is supported by a robust lineup of investors, including OKX Ventures, Aptos Labs, Mirana Ventures, Maelstrom, BlockBooster, and Ankaa. These partnerships bolster Hyperion’s potential to lead the Aptos ecosystem as a premier DeFi platform.

Founding Team

Hyperion’s founder and CEO, 0xcsk, is the driving force behind the platform’s vision. As an experienced leader, 0xcsk guides Hyperion’s technological innovation and community-focused growth.

Official Links

• Hyperion (RION) Website
• Hyperion (RION) X (Twitter)
• Hyperion (RION) Whitepaper

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Revolutionizing Memecoin Trading with PumpSwap

On March 19, Pump.fun launched its Solana-based DEX, PumpSwap, aiming to provide a seamless trading environment for memecoins. Previously, memecoins had to migrate to Raydium for liquidity, causing momentum loss and complexity for new users. With PumpSwap, these migrations are now instant and free.

PumpSwap’s Rapid Growth & Key Metrics

• First-day trading volume: $50 million
• March 24 trading volume: $425 million
• Total swap transactions: 11 million
• Total active users: 388,000
• Total protocol fees collected: $2.1 million
• Liquidity provider fees: $540,000

On March 24, PumpSwap generated $1 million in daily fees, matching Pump.fun’s revenue.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Pump.fun vs. Raydium: Growing Competition

The launch of PumpSwap follows Raydium’s recent announcement of its LaunchLab memecoin platform. This move shifts the dynamic between Pump.fun and Raydium, making them direct competitors in the Solana ecosystem.

Declining Memecoin Hype on Solana

The launch of PumpSwap coincides with the cooling of the Solana memecoin frenzy. Solscan data shows:

• Daily token minting peaked at 95,578 on January 26 but dropped to 26,298 on March 22.
• Successful token listings on Pump.fun declined from 1,200 (January 23-24) to 149 on March 20.
• Solana’s weekly revenue fell from $55.3 million (mid-January) to $4 million (March 11), marking a 93% decrease.

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Binance, the world’s leading blockchain ecosystem behind the largest cryptocurrency exchange by trading volume and users, has announced the launch of Binance Alpha, a platform within Binance Wallet (formerly known as Binance Web3 Wallet), designed to highlight early-stage projects and help users explore Alpha opportunities.

Specifically, Binance Alpha serves as a platform to showcase tokens that could potentially be listed on Binance Exchange in the future.

Winson Liu, Global Lead of Binance Wallet:

“Binance Alpha serves as a pre-listing token selection pool to enhance trust in the token evaluation process for Binance Exchange listings.”

“Binance Alpha strengthens community trust by publicly showcasing a curated collection of early-stage projects, allowing users to gain insights into tokens with future growth potential within the Binance ecosystem,” he said.

Tokens featured on Binance Alpha are selected using Binance’s industry expertise and advanced insights, with a focus on projects that demonstrate strong community interest, growing traction, and alignment with key trends shaping the crypto ecosystem.

Binance Alpha also aims to provide users with valuable insights into the Web3 space, helping them gain a deeper understanding of the potential to shape the future of blockchain technology.

Binance New Token Announcements

Announcements about new tokens on Binance Alpha will be shared on Binance Wallet and Binance’s official social channels before the launch. A countdown timer and chain details will be available in the Markets tab of Binance Wallet.

Tokens will go live in batches for a 24-hour showcase period, during which users can explore project details and purchase tokens using the Quick Buy feature.

After the showcase period ends, the featured tokens will remain in the same Alpha section in the Markets tab, where users can continue to track and trade them.

What Is Quick Buy?

The “Quick Buy” feature optimizes the existing Swap functionality within Binance Wallet, enhancing the trading experience. This innovation enables faster and smoother transactions compared to other decentralized exchanges (DEXs) or trading bots, offering higher success rates and better prices.

Key improvements include the automatic selection of the native chain’s token, setting the default trading amount based on wallet holdings, automatic slippage adjustments during retries to improve transaction success rates, and an anti-MEV mechanism to reduce the effects of Maximal Extractable Value (MEV) on large transactions, ensuring better prices for users.

Starting from December 18, 2024, users can explore Binance Alpha and discover innovative projects through Binance Wallet.

Five tokens will be announced on that day and the following two days, December 19th and 20th; these dates may change.

For the latest updates, users can follow Binance Wallet’s official X account.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

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