TechFlow News — Initia, a full-chain Rollup network, has announced the launch of RAVE Trade, a new Layer 2 (L2) platform backed by Maelstrom, the digital asset investment fund founded by Arthur Hayes. Built on Initia's Interwoven Stack and supported at the infrastructure level by the data availability (DA) network Celestia and the cross-chain interoperability protocol LayerZero, RAVE Trade offers advantages including high throughput, low cost, access to cross-chain assets, and a trading experience tailored specifically for traders.
RAVE Trade aims to bring dual-asset perpetual contracts on-chain, enabling users to participate in perpetual contract trading using any collateral asset—including yield-generating stablecoins, LRTs, and AI memecoins—further enhancing capital efficiency and yield accumulation, while delivering a fast, low-cost, and seamless trading experience.
