Expanding Market Access, Strengthening Rate Trading

Rho continues to scale—both in market impact and industry backing.
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In January, Rho processed $1486M (+4%) in trading volume, with an average open interest of $19.8M (+8%). Our momentum is further reinforced by a $4 million seed round led by CoinFund, with participation from Flow Traders, Speedinvest, Auros, and other top-tier investors. (Read more about our funding here)

Now, we’re expanding again. ByBit Fixed Rate Futures are live on Rho.

This launch strengthens Rho’s funding rate product suite, providing traders with a new venue for hedging, managing rate exposure, and executing multi-exchange strategies. It also advances our mission to create a seamless trading experience across centralized and on-chain markets.

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What’s Available at Launch?

🔹 BTC & ETH Fixed Rate Futures on ByBit Funding Rates

🔹 Expiries: February 25 & March 28 (March contracts launching closer to expiry)

This is the first phase of ByBit’s integration, with additional maturities and product expansions planned based on market demand and trader feedback.

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How to Trade ByBit Fixed Rate Futures on Rho

1. Find Bybit Funding Rate Futures – Navigate to the trading screen and select the Bybit futures market for BTC or ETH.
2. Deposit Collateral – Click Deposit and allocate funds to your trading account.
3. Place a Trade – Choose your position, set the notional amount, and confirm the trade.
4. Adjust or Close Positions – Modify or exit your trade as needed before expiry.
5. Settlement at Expiry – Upon expiry, your PnL is determined by the rate you locked in on Rho versus the funding rates settled on Bybit.

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Scaling Rho: What’s Next?

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The ByBit Fixed Rate Futures launch is another major step in Rho’s broader expansion strategy:

✅ A third major trading venue for funding rate strategies
✅ New opportunities for hedging and cross-exchange arbitrage
✅ A capital-efficient way to manage rate exposure across CEX markets

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Rho is building for long-term adoption and market leadership. More updates coming soon.

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📢 Sign up for early access – Be the first to access new markets & incentives.

💬 Join our Discord – Discuss trading strategies with fellow traders.

📢 Follow us on Twitter & LinkedIn – Stay up-to-date with market insights.

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We’d love your feedback, drop your thoughts on the ByBit launch in Discord.