Strips Finance

Strips Interest Rates Exchange (IRX) is the world’s first decentralised venue to trade interest rate derivatives. In this guide, we will show you how to get started trading interest rates on the newest platform!

Step 1— Bridge USDC

Bridge USDC and ETH from Ethereum mainnet to Arbitrum at https://bridge.arbitrum.io/. For more info, read this guide.

Step 2 — Go to https://app.strips.finance

Enter https://app.strips.finance/exchange-pro

Select market

Select default leverage (up to 10x leverage)

Enter position size

Choose long or short

Confirm trade popup

Confirm the transaction in your metamask

On mainnet beta, there will be 3 markets available to be chosen from:

BTC perp funding rate (FTX)

BTC perp funding rate (Binance)

USDC lending rate (AAVE)

More markets will be added over time, please put your suggestions in our telegram group chat https://t.me/stripsfi!

Step 3 — Congratulations!

You’re done! You can also earn more STRP rewards the more you trade. Claim your rewards from https://app.strips.finance/liquidity

note: if your slippage is too high, you may need to increase your max slippage

short: you believe that fixed interest rates will fall

long: you believe that fixed interest rates will rise