Following the rise of Hyperliquid and Lighter, Remittix Markets introduces perpetual contract tradin

The rapid growth of Hyperliquid and Lighter fully demonstrates the strong enthusiasm of cryptocurrency traders for sustainable contracts on the chain. Today, Remittix is entering the same space through Remittix Markets, bringing real-time perpetual contract trading to the expanding RTX ecosystem.

This move opens up a second important product category for Remittix in addition to its PayFi platform for encryption and fiat conversion. Rather than building another independent trading platform, the project combines the active cryptocurrency market with a product specifically designed for real-world payments.

Hyperliquid and Lighter verify the value of on-chain perpetual contracts

Hyperliquid has helped build sizable on-chain orderbook transactions, with all orders, transactions, cancellations and clearing handled transparently through HyperCore. According to DefiLlama tracking data, the platform's perpetual contract transaction volume within 30 days is approximately US$185 billion, and the cumulative transaction volume is close to US$5 trillion.

Lighter has also become a major player, with monthly perpetual contract trading volume recently reaching approximately US$37 billion. The platform is based on Ethereum's zero-knowledge aggregation technology and can generate certificates for operations such as order matching and clearing, achieving a combination of verifiability and high-speed execution.

Their rise shows that traders are ready to migrate from centralized exchanges when on-chain platforms can provide competitive execution speeds and user experiences.

Remittix Markets introduces perpetual contract trading to the RTX ecosystem

Remittix Markets is now online as a dedicated perpetual contract trading layer within the RTX ecosystem.

Perpetual contracts allow traders to hold long or short positions without having to deliver on a fixed date. They use a funding rate mechanism to help contract prices align with the underlying spot market.

For Remittix, entering this space opens up another avenue to attract users. Traders can return regularly, pay attention to market dynamics, respond to fluctuations and manage positions, which introduces a different form of interaction into the cryptocurrency payment space.

Remittix Markets is still a new entrant and has not yet established a liquidity, transaction volume or user base comparable to Hyperliquid or Lighter. Its immediate advantage lies in the broader ecosystem built around trading platforms.

Remittix's entry goes beyond trading

Remittix originally built its value proposition around PayFi, focusing on addressing the friction issues encountered in transferring value from cryptocurrencies to traditional bank accounts.

Its developed and community-tested PayFi platform is designed to allow users to initiate transfers in cryptocurrency, while recipients receive fiat directly in their bank accounts. This is designed to eliminate the need for a separate exchange, manual redemption and additional withdrawal steps.

Remittix Markets now adds a second pillar to this foundation.

PayFi is aimed at individuals and businesses seeking easier crypto-to-fiat payments, while Remittix Markets is aimed at active traders seeking perpetual contract trading opportunities. The combination of the two gives RTX a broader ecosystem role than a single service token.

RTX reaches new milestone

Pre-sales of Remittix have exceeded $31 million and are moving towards $32 million, when the project is expected to announce the official release date for RTX.

Hyperliquid and Lighter have demonstrated the huge demand for on-chain perpetual contracts. As the release of RTX approaches, Remittix is entering the market through a different model, combining real-time transactions with a mature crypto-to-fiat payment platform.

FAQs

How is Remittix Markets different from Hyperliquid and Lighter?
Remittix combines perpetual contract transactions with a separate PayFi platform specifically designed for crypto-to-fiat bank transfers.

Is Remittix Markets online yet?
Yes. Remittix Markets has begun operations as the perpetual contract trading layer of the RTX ecosystem.

What is the next important milestone for Remittix?
The official release date of RTX is expected to be announced when pre-sales reach US$32 million.