Rialto Update 02 - 08/04

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Rialto Update 02 - 08/04

Welcome to our second update, covering everything through August 4th. Here's what we've been working!

Rialto Update

  • We expanded our router to cover hookless Uniswap V4 tokens, launched support for @longdotxyz tokens through our router, and added support for stock tokens trading on V4.
  • We also shipped our leaderboard page, where users can track the top 100 daily, weekly, and monthly traders on Rialto.
  • Watchlists now support adding and removing tokens with a single star click, and there is a dedicated place to enter a referral code.
  • We fixed sorting across the app: watchlist and market movers now load sorted by change in descending order by default, and users can click column headers (price and 1d change on watchlist; price, net change, and % change on market movers) to sort ascending or descending.
  • We also fixed an issue where referral links were appearing in the buy/sell order form when they shouldn't have.
  • Whitelisted 14 new stock tokens: GME, MSTR, RDDT, NFLX, COST, RBLX, DELL, NU, TSM, ASML, UPS, SOFI, CCL, XLK

Varo Update

  • We launched @launchonvaro. Over the past week, Varo tokens have done $60.2M in volume across 5,210 token launches.
  • We've also shipped a new UI, rebuilding the interface end to end with clearer flows for launching, discovering, and tracking tokens.
  • We're now integrated into Uniswap Launches as well. Every token launched through Varo shows up in Uniswap's new launchpad feed, tradable right in the app.
  • We've also lowered the starting market cap from $60K to $45K, which strikes a better balance between launch liquidity and giving early buyers a fairer entry.
  • We shipped some quality-of-life frontend fixes: toast notifications, slippage warnings, charting error fixes
  • Partnered with Definitive, GMGN, Basedbot and LiFi to offer day 1 trading of Varo launched tokens
  • Lastly, we cut our protocol fee from 30% to 20%, so for new launches going forward, creators keep 80% of the 1% pool fee, up from 70%.

Metrics

On Rialto, we recorded $42.2 million in 30-day volume, $4.99 million in seven-day stock-token volume, 19,479 trades, 205,000 transfers and 1,730 stock-token transactions.

This week on Varo, we recorded $34.31 million in total volume, $154,200 in creator fees, 3,370 token launches, 20,300 traders and 255 stock-paired launches.