RYex is the capital layer for perpetual markets, a crypto-native solution for unlocking the largest unsolved position type in DeFi: open perpetual futures positions.

RYex tokenizes live perp positions into rTokens, ERC-20 representations that traders mint against open trades at oracle price up to a per-asset LTV cap. rTokens are fully composable across DeFi: extracted, traded, or redeployed without closing the underlying perp.

The rYield vault delivers a single-asset isolated delta-neutral strategy. Each vault holds long rTokens against an equivalent short perp on the same underlying, capturing the funding-rate spread as transparent net APY. Vaults span crypto, commodities, and equities.

RYex sits between perpetual DEXs (GMX, Hyperliquid, Ostium) and the rest of DeFi, making the largest unsolved capital pool in onchain markets productive for the first time.

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RYex Labs

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RYex Labs

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