Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Rails recently secured a significant amount of funding—$20 million in total over two rounds. The lineup of investors is also quite impressive, including Kraken, Slow, and Quantstamp.
The project has now entered its second phase, which started on September 29. This phase will continue until right before the Token Generation Event (TGE), and it might even end on the very day of the event. The timing is pretty tight, indicating that the team has a clear handle on the launch schedule.
Exchanges like Kraken entering the scene can indeed guarantee liquidity on the day of TGE, which is a common practice for compute networks.
From an investment return cycle perspective, the tight schedule of the second phase actually shows that the team knows what they're doing.
The financing amount is impressive, but ROI is the deciding factor.
The tight timeline is most likely to avoid market uncertainties, and the pace of technical iteration should still be fairly solid.