RabbitX Crypto Exchange Review: Zero Fees, 50x Leverage, and Starknet Power
28 June 2025
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Calculate how much you can trade and what price movements would trigger liquidation with RabbitX's 50x leverage. Use this to understand risk before trading.
Most crypto exchanges charge you every time you trade. Even the big names like Binance or Bybit take a cut - 0.05% here, 0.06% there. Over time, those fees add up, especially if you're active. RabbitX flips that model entirely. It doesn’t charge trading fees. Not for makers. Not for takers. Not ever. That’s not a promotion. It’s their whole business. And it’s why traders who care about cost efficiency are paying attention.
What RabbitX Actually Is
RabbitX isn’t a regular exchange. It’s a decentralized perpetual futures exchange built on Starknet, a Layer-2 scaling solution for Ethereum. That means your trades happen off-chain for speed, but your funds stay on-chain for security. You never give up control of your crypto. No KYC. No custodial risk. If you’ve used dYdX or GMX before, RabbitX feels familiar - but with a few key differences.
Launched in 2023, RabbitX targets active traders who want fast, low-cost access to leveraged crypto positions. It supports over 90 trading pairs, including Bitcoin, Ethereum, Solana, and newer assets like Pepe, Sui, and Arbitrum - pairs you won’t find on many other DEXs. The platform offers up to 50x leverage on all pairs, matching the highest levels seen on centralized exchanges like BitMEX or Bybit.
How It Works: No Fiat, Just Crypto
You can’t deposit USD, EUR, or any fiat currency on RabbitX. That’s intentional. To trade, you need to connect a Web3 wallet - MetaMask, Coinbase Wallet, or any EVM-compatible wallet. You deposit ETH or stablecoins like USDC directly from your wallet into RabbitX’s smart contracts. Once funded, you can open long or short positions on any of the available pairs.
The interface is clean and fast. It uses TradingView charts with built-in trade execution. You can click directly on the chart to place orders - no need to switch between tabs. Position management tools let you set stop-losses, take-profits, and trailing stops with one click. It’s designed for traders who want to move quickly without clutter.
Performance and Speed
Because RabbitX runs on Starknet, trades settle in seconds, not minutes. Liquidity is deep on major pairs like BTC/USD, which accounts for over $120 million in daily volume. The average bid-ask spread is around 0.218%, which is wider than centralized exchanges (usually under 0.1%) but typical for DEXs. During normal market conditions, slippage is minimal even at 50x leverage.
Performance takes a hit during extreme volatility. Some users report brief delays or failed orders when Bitcoin moves 5% in 10 minutes. That’s not unique to RabbitX - most DEXs struggle under that kind of pressure. But the platform recovers quickly, and most trades execute as expected.
Mobile App: Solid, But Not Perfect
The Android app (available on Google Play) has over 10,000 downloads and a 3.9-star rating. Users praise the speed and simplicity. The layout mirrors the web version, with easy access to charts and order controls. But it’s still missing iOS support as of October 2025. The development roadmap says an iOS app is coming in Q1 2024 - but that’s now past due. If you’re an iPhone user, you’re stuck with the mobile browser version, which works fine but isn’t as smooth.
Trading Pairs: The Hidden Advantage
Where RabbitX really stands out is in the assets it supports. While dYdX and GMX focus on the usual suspects - BTC, ETH, SOL - RabbitX added Pepe, Sui, Arbitrum, and Lido early. These are high-volatility, meme-driven coins that attract speculative traders. If you’re betting on a new token pump, RabbitX is one of the few places you can go long or short with 50x leverage without going to a centralized exchange.
That’s a double-edged sword. These assets are risky. A 50x leveraged position on Pepe can wipe you out in minutes if the coin drops 2%. RabbitX doesn’t warn you enough about this. There’s no educational content for beginners. No videos. No glossary. If you don’t already understand funding rates, liquidation thresholds, and margin calls, you shouldn’t be trading here.
Fees: Zero Trading Fees - But Not Zero Costs
Yes, RabbitX has zero trading fees. But you still pay for gas. Every trade requires a Starknet transaction, which costs a few cents in ETH. That’s far cheaper than centralized exchange fees, but it’s still a cost. Deposits and withdrawals also cost gas. There’s no free lunch - just a different kind of payment.
They also have a native token, RBX. It’s not required to trade, but holding it gives you reduced gas fees and potential future airdrops. The token’s price has been volatile. Some analysts predict it could hit $0.22 by 2026. Others say it’s headed to $0.01. That’s the nature of crypto tokens - speculative, not reliable.
Security and Risks
RabbitX is non-custodial. That’s good. Your keys, your coins. But the smart contracts haven’t been audited by a top-tier firm like CertiK or Trail of Bits. The Starknet layer is battle-tested, but the RabbitX frontend is newer. There have been no major exploits, but front-running and liquidation issues during high volatility are possible. The Smart Contract Research Forum flagged this as a potential risk in October 2023.
High leverage is the biggest danger. 50x means a 2% move against you wipes your position. Many users on Reddit and Discord report being liquidated during Bitcoin’s sharp drops. RabbitX doesn’t stop you. It doesn’t offer portfolio margin or cross-margin. Each position is isolated. You need to manage risk yourself.
Customer Support: Slow and Scattered
Support happens through Discord and email. There’s no live chat. No phone number. On average, responses take 8-12 hours on weekdays. During weekends or market crashes, it can take over 72 hours. Users complain about deposit issues going unanswered. One Trustpilot review from October 2023 said they waited three days just to get a reply.
Most issues are wallet-related - MetaMask connection errors, wrong network settings, or nonce problems. RabbitX’s Discord has active channels where users help each other. It’s a community-driven support system. That’s fine for experienced traders. For newcomers, it’s overwhelming.
Who Is RabbitX For?
RabbitX isn’t for everyone. If you’re new to crypto, stick to centralized exchanges with fiat on-ramps and simple interfaces. If you want to buy Bitcoin with a credit card, RabbitX won’t help you.
But if you’re an experienced trader who:
- Knows how leverage and liquidations work
- Trades frequently and hates paying fees
- Wants exposure to newer meme coins and Layer-1 tokens
- Values non-custodial trading
- Uses a Web3 wallet and understands gas costs
Then RabbitX is one of the best options out there. It’s faster than dYdX, offers more trading pairs than GMX, and costs less than any centralized futures platform.
How to Get Started
- Get a Web3 wallet (MetaMask recommended).
- Buy ETH or USDC on a centralized exchange like Coinbase or Kraken.
- Send ETH or USDC to your wallet.
- Go to rabbitx.io and click "Connect Wallet".
- Select your wallet and approve the connection.
- Deposit funds into RabbitX’s smart contract.
- Choose a trading pair, set your leverage (up to 50x), and place your order.
It takes 15-20 minutes the first time. After that, it’s under 2 minutes.
Alternatives to Consider
If RabbitX doesn’t fit your needs, here are three others:
| Exchange | Leverage | Trading Pairs | Fees | Fiat On-Ramp | Best For |
|---|---|---|---|---|---|
| RabbitX | 50x | 97+ (incl. Pepe, Sui) | Zero trading fees | No | Active traders wanting low cost + new assets |
| dYdX (v3) | 25x | 50+ | 0.02%-0.05% | No | Traders prioritizing liquidity and stability |
| GMX | 30x | 40+ | 0.05% taker fee | No | Users wanting low slippage on major pairs |
RabbitX wins on leverage and fee structure. dYdX wins on volume and reliability. GMX wins on depth for ETH and BTC. Choose based on what you trade most.
Final Verdict
RabbitX is a powerful tool for experienced crypto traders who want to avoid fees and trade niche assets with high leverage. It’s not a beginner-friendly platform, and it’s not for everyone. But if you know what you’re doing, it’s one of the most cost-efficient ways to trade perpetual futures on-chain.
The lack of iOS support, slow customer support, and minimal educational resources are real drawbacks. But the speed, the zero fees, and the access to tokens like Pepe and Sui make it stand out. For traders who value autonomy and low costs over hand-holding, RabbitX is a top contender.
Does RabbitX charge any trading fees?
No, RabbitX charges zero trading fees for both makers and takers. This is a core feature of the platform. However, you still pay Ethereum gas fees for every transaction, which are processed on Starknet and typically cost a few cents per trade.
Can I deposit fiat currency like USD or EUR on RabbitX?
No, RabbitX does not support fiat deposits. You must deposit cryptocurrency - such as ETH, USDC, or other ERC-20 tokens - directly from a Web3 wallet like MetaMask. If you need to buy crypto with fiat, you’ll need to use a centralized exchange first, then transfer to RabbitX.
Is RabbitX safe to use?
RabbitX is non-custodial, meaning you control your own funds at all times. This reduces the risk of exchange hacks. However, the platform’s smart contracts haven’t been audited by a top-tier firm. High leverage (up to 50x) increases the risk of liquidation during volatile markets. Use risk management tools and never trade more than you can afford to lose.
What’s the difference between RabbitX and dYdX?
RabbitX offers higher leverage (50x vs. 25x on dYdX), more trading pairs for newer assets like Pepe and Sui, and zero trading fees. dYdX has higher liquidity and a more established track record. RabbitX is better for aggressive traders; dYdX is better for those prioritizing stability and volume.
Does RabbitX have a mobile app?
Yes, RabbitX has an Android app available on the Google Play Store with a 3.9-star rating. As of October 2025, there is no official iOS app, though it’s listed as planned for Q1 2024. iPhone users must use the mobile browser version, which works but isn’t as optimized.
How do I withdraw from RabbitX?
To withdraw, go to the wallet section in the app or website, select the asset you want to withdraw, enter the amount, and confirm the transaction. Your funds will be sent back to the wallet address you connected. Withdrawals require Starknet gas fees and typically take under a minute to process.
Is RabbitX regulated?
RabbitX is incorporated in Singapore but operates as a non-custodial, decentralized platform. It does not require KYC and does not hold user funds. As a result, it falls outside traditional financial regulations. This makes it accessible globally but also means you have no legal recourse if something goes wrong.
Kevin Johnston
October 29, 2025 AT 00:30Zero fees?? Bro, I’m in. 🚀
Olav Hans-Ols
October 30, 2025 AT 02:18Been using RabbitX for a few months now. The speed on Starknet is insane-like, I can scalp 5x in a minute and barely feel the gas. And yeah, no trading fees? Game changer for high-frequency guys. But man, don’t even think about 50x on Pepe unless you’ve got nerves of steel and a backup wallet. 😅
Dr. Monica Ellis-Blied
October 30, 2025 AT 16:54Let’s be clear: this platform is not for the unprepared. The absence of KYC, the lack of formal audits, the extreme leverage-these are not features; they are red flags wrapped in marketing glitter. You are trading on unregulated smart contracts with no recourse, no insurance, and no safety net. If you think this is ‘innovation,’ you’re confusing recklessness with progress. Financial literacy is not optional-it’s survival. And RabbitX? It’s the casino where the house doesn’t even bother to hide the dice.
Herbert Ruiz
November 1, 2025 AT 06:31Starknet? Still slow during spikes. And 97 pairs? Half of them are meme coins with no liquidity. Don’t be fooled.
Saurav Deshpande
November 2, 2025 AT 20:15Zero fees? Sounds too good. Who really funds this? My guess? They’re front-running your trades, collecting your data, and selling it to hedge funds. The ‘non-custodial’ thing is a lie-your wallet is just the front door. They’re watching every move. And don’t get me started on Starknet-it’s controlled by a handful of devs in Silicon Valley. You think you’re decentralized? You’re just a new kind of pawn.
Paul Lyman
November 4, 2025 AT 16:40Guys, I just made 300% on SUI with 50x and didn’t pay a single cent in fees. This is the future. No more middlemen. No more Binance taking your profits. Just you, your wallet, and the blockchain. I’ve been telling everyone-this is the real DeFi. Stop waiting for the banks to let you in. Build your own freedom. 🙌
Frech Patz
November 4, 2025 AT 21:30Could someone clarify the exact gas cost structure on Starknet for RabbitX? Is it fixed per transaction, or does it scale with network congestion? Also, are there any studies comparing the effective cost per trade (gas + slippage) versus centralized exchanges with 0.04% fees?
Derajanique Mckinney
November 6, 2025 AT 08:53no ios app?? lmao why do they even bother then 😒