Rho Protocol Launches Public Crypto Interest Rate Market on Arbitrum

On March 31, Rho Labs launched Rho Protocol, the first institutional-grade market for crypto interest rates, on Arbitrum. Following a private beta with nearly $10B in notional volume, Rho's crypto funding rate and staking rate futures are now available for trading. Rho transforms crypto interest rates into a liquid asset, offering tools for hedging and rate strategies. The platform features perpetual funding rate futures for BTC and ETH, and a liquid staking rates market referencing the CESR™ index. Rho incentivizes liquidity providers through vAMMs and a Liquidity Vault. Rho Labs recently completed a $4 million seed funding round to enhance liquidity and onboard institutional participants.