This is a blog detailing why Noon is partnering with RFX, and what our users can expect from this partnership. For more about why RFX made a similar decision, to partner with Noon, see their blog about us, here.

We’ve always been incredibly excited to build ground-breaking use-cases and utility for our users. And we know we cannot do this ourselves. We are always on the lookout for sophisticated, innovative partners who can help us bring unique opportunities to our users.

That’s what led to our partnership with RFX.

Why RFX?

Perpetual DEXes litter web3, and our team has been fortunate enough to work with all the top ones. So it’s unusual when we find a perpetual DEX which stands out from the crowd.

Optimised DEX architecture

RFX has taken several of the most powerful, battle-tested and user-demanded features of perp DEXes and combined them to create an advanced and efficient new model. Its multi-pool model, low-latency oracle networks, automated risk engine, and veTokenomics collectively shape an architecture which is industry-leading. Its platform’s permissionless market creation allows users to launch trading pairs and liquidity pools for any whitelisted asset—an approach that aligns with Noon's vision of an open and efficient DeFi ecosystem.

Strong growth, traction and team

Having launched 2 months ago, RFX is already going toe to toe with far more established perp DEXes on ZKsync Era (Era), in terms of both TVL and user growth. This has been spearheaded by a team that is DeFi native, and has been building in DeFi for years. This team has enabled features in RFX like gasless trading, meaning users can trade, add liquidity, and claim rewards without incurring transaction fees. Importantly, this boosts capital efficiency and improves user experience.

Continuous innovation

What most impressed us about RFX was their ability to take established web3 paradigms and then innovate and improve upon them. We were impressed by their unique implementation of the multi-pool model to start, and this innovation has continued with RFX’s Yield Vaults. This is also where our partnership with RFX will begin.

Noon & RFX

Noon and RFX have discussed a strategic partnership, beginning with RFX using USN as the first collateral asset for RFX’s new Yield Vault product. RFX Vaults use the ERC-4626 standard and are designed to provide unified liquidity for all markets and improve capital efficiency. They address a key challenge in DeFi: liquidity fragmentation, and allow liquidity providers to benefit from automated capital allocation, avoid impermanent loss, and access the best yields.

Using USN to fund yield vaults gives users a unique upside opportunity, which combines:

1. Significant real yield opportunity via RFX Vault yields

2. Disproportionate Noon points (and governance token rewards)

3. RFX points (and governance token rewards)

4. Inclusion in ZKsync’s Ignite programme

This gives both Noon and RFX users incredible upside opportunities.

What the future holds

We’re always looking for innovative ways to bring real value and opportunity to our users. That’s why we’re kicking off our partnership with RFX, starting with their new Yield Vaults—powered by USN as the first collateral asset. This means:

• Access to high real-yield opportunities through RFX Vaults

• Disproportionate Noon points (and governance token rewards)

• RFX points (and governance token rewards)

• Potential inclusion in ZKsync’s Ignite program RFX’s architecture is designed to solve key liquidity challenges in DeFi, and by working together, we’re unlocking new levels of capital efficiency and opportunity for our users. And this is just the start. We’re already exploring ways to deepen this partnership—and you’ll be the first to know when we do. Be part of what’s next.

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