What’s new. Perp aggregator Rage Trade is shutting down and returning funds to token holders and investors. The team says a holder snapshot has already been taken; trades after the snapshot won’t count toward any allocation. No claim forms are required. Open positions should be managed directly in the underlying protocol UIs as the app is being deprecated.
Payout plan (approx.)
- Investors (unsold/vesting tokens): settled at 2.1× entry.
- Liquid holders: $0.42 per $RAGE.
- Team: settled per token allocations.
- Unclaimed deposits (deprecated vaults): sent back to the original address.
- Final numbers will be adjusted to execution prices and shared before distribution.
Market context
At publication time, RAGE ≈ $0.29, with ATL ≈ $0.044 and ATH ≈ $0.50—making the planned $0.42 settlement for liquid holders notably above spot. (Live metrics may vary.)
Action items
- Do nothing for claims — distributions are automatic per snapshot.
- Avoid trading $RAGE post-snapshot if you expect an allocation.
- Close/manage open positions via source protocol interfaces; Rage app will close.
Sources: Rage Trade announcement on X; follow-up coverage.
