ROLL

ROLL Price

About ROLL (ROLL)

RollX is a decentralized trading platform built on the Base network that combines centralized exchange performance with decentralized finance principles like self-custody and transparency.

• Offers high-leverage perpetual futures trading with up to 1000x leverage on trending assets.
• Utilizes a high-performance matching engine and Trusted Execution Environments (TEEs) to achieve near-CEX latency.
• Operates as a community-owned protocol with no venture capital backing or insider allocations.

What Is RollX

RollX is a unified liquidity and risk engine designed for the onchain economy, primarily serving as a decentralized derivatives exchange. It aims to transform asset issuance into deep, efficiently priced markets by integrating spot trading, perpetual futures, and advanced collateral management into a single architecture. The project is transitioning from a permissionless, oracle-based system to a high-speed central limit order book (CLOB) model.

The platform focuses on the 'perpification' of onchain assets, allowing for the trading of crypto assets, synthetic exposures, and eventually real-world assets with institutional-grade execution. By anchoring itself in the Base ecosystem, RollX leverages the network's scalability to provide a professional trading environment while maintaining the core DeFi values of composability and user control.

What Makes RollX Unique

• 1000x Leverage: RollX provides one of the highest leverage options in the decentralized market, allowing traders to access significant exposure to volatile assets.
• CLOB Architecture: Unlike many Automated Market Maker (AMM) based decentralized exchanges, RollX is moving toward a Central Limit Order Book model to provide tighter spreads and more efficient price discovery.
• Trusted Execution Environments (TEEs): The use of TEEs allows the protocol to manage high-speed matching and complex risk management off-chain while keeping the final settlement and custody on-chain.
• Community Ownership: The project emphasizes a 'fair launch' approach, stating that 100% of the platform is owned by the community with no tokens reserved for venture capitalists or insiders.

What Can You Use ROLL for?

The ROLL token serves as the primary utility and governance asset within the RollX ecosystem. Its functions include:

• Governance: ROLL holders can participate in protocol decision-making, including voting on upgrades and ecosystem changes through the project's DAO.
• Incentive Alignment: The token is used to align the interests of traders, liquidity providers, and long-term stakeholders, often through participation in community programs and quests.
• Ecosystem Utility: ROLL utility is tied to trading activity and liquidity provisioning, acting as the coordination layer for value creation across the platform's vaults and trading products.
• Future Features: The protocol intends to expand token utility to cover new protocol features as the platform scales into a broader liquidity engine.

How Does RollX Work?

RollX operates by combining on-chain security with off-chain performance. It utilizes an advanced matching engine capable of high transaction throughput, mirroring the experience of a centralized exchange. Trades are matched using a CLOB or oracle-based system depending on the version, with risk controls and collateral management handled by the protocol's core engine.

As an application built on the Base network, RollX requires users to pay network fees in ETH to interact with the blockchain. However, the ROLL token acts as an application utility token that powers the specific features and governance of the exchange. The protocol's architecture is designed to be composable, allowing other DeFi applications to integrate with its liquidity and risk management systems.

Team Info and Investors

RollX positions itself as a community-driven project with no venture capital (VC) funding or private insider allocations. The project emphasizes that ownership and rewards are distributed directly to the community. Detailed information regarding the individual founders or specific early-stage backing beyond the community-led model is not specified in the available source material. The platform has undergone a security audit by Certik to ensure the integrity of its smart contracts.

Where can you buy ROLL?

ROLL tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade ROLL is Bitget, where the most active trading pair ROLL/USDT has a trading volume of $63,187.63 in the last 24 hours. Other popular options include Ourbit and Uniswap V3 (Base).

What is the daily trading volume of ROLL (ROLL)?

The trading volume of ROLL (ROLL) is $255,027.46 in the last 24 hours, representing a 21.80% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for ROLL (ROLL)?

ROLL (ROLL) reached an all-time high of $0.1837 and an all-time low of $0.02111. It’s now trading -58.40% below that peak and 261.40% above its lowest price.

What is the market cap of ROLL (ROLL)?

Market capitalization of ROLL (ROLL) is $11,830,801 and is ranked #1117 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ROLL tokens (150 Million tokens are tradable on the market today).

What is the fully diluted valuation of ROLL (ROLL)?

The fully diluted valuation (FDV) of ROLL (ROLL) is $76,327,751. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion ROLL tokens are in circulation today. Depending on how the emission schedule of ROLL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of ROLL compare against its peers?

With a price decline of -8.00% in the last 7 days, ROLL (ROLL) is underperforming the global cryptocurrency market which is down -1.80%, while underperforming when compared to similar Base Native cryptocurrencies which are up 2.40%.