Today, we are very excited to announce that Ruscet is finally live on the Fuel testnet after months (~9 to be exact) of building in stealth. We are finally opening our doors to traders to trade on Ruscet with real-time settlement. Our goal setting out was to build a fully-composable and user-friendly DeFi lego for the Ethereum ecosystem and beyond -- and we have done just that.

Ruscet is an advanced, highly-performant perpetuals exchange for trading and market-making cryptocurrencies, forex and commodities, live on Fuel, the Rollup OS for Ethereum.

Ruscet is rich in features featuring hyper-performant trading, custom fee structures, high-incentive passive-yield farms, governance, and more. We also focus on rich user experiences with a freshly designed interface and powerful infra purpose-built for a smooth trading experience.

We ❤️ traders. Ruscet is built for traders, by traders.

Overview

• open leveraged positions on crypto assets (like ETH and BTC) with up to 100x leverage. Release your inner degen.

• non-custodial (at no point do we hold your funds)

• competitive fees

• unparalleled UI/UX for traders, more novices and degens alike

Why Fuel?

Short answer: it’s fast, cheap, scalable, and secure.

We were one of the very first projects to deploy on Fuel’s Beta-3 back in February 2023, and our experience -- as devs building in crypto since 2017 -- has been nothing short of phenomenal, a testament to the power of collaboration and innovation in an ever-evolving industry.

Fuel’s modular architecture, hyperscale performance, and robust security make it the perfect hub for protocols like Ruscet to flourish.

Read more on Fuel’s approach to scaling Ethereum with its performance-built VM and UTXO architecture.

Wen Launch?

Today! We officially launch our incentivized testnet tomorrow, and will continue to deliver new features and updates ahead of Fuel’s mainnet launch in Q3 2024 (scheduled).

Join our journey!

Ruscet is building a derivatives powerhouse among the Ethereum community. As veterans in DeFi, we super excited to have you with us on our journey in redefining the DeFi landscape. With a hyper-performant derivatives exchange exchange and liquidity infrastructure protocol. Only on Fuel.

• Website

• Join our Discord community

• Keep up-to-date with us on Twitter