Blockcast 61 | Unveiling Crypto’s Hidden Rates Market With Rho Protocol's Alex Rvykin

In this episode, host Takatoshi Shibayama speaks with Alex Ryvkin, founder of Rho Labs, about the launch of Rho Protocol , the first institutional-grade market for crypto interest rates. Alex explains the significance of "crypto-native" rates like staking yields and perp funding rates, highlighting the extreme volatility of the latter and the need for hedging tools. He explains how Rho Protocol enables traders to manage funding rate risk, enhance basis trading strategies, and potentially shape the future of crypto lending. Alex also shares insights on the market's evolution, feedback since launch, and the anticipated growth of the crypto rates market, drawing parallels with the massive traditional finance rates market. Blockcast is hosted by Head of APAC at Ledger, Takatoshi Shibayama . Previous episodes of Blockcast can be found here , with guests like Nic Young (Oh), Jacob Phillips (Lombard), Chris Yu (SignalPlus), Kathy Zhu (Mezo), Jess Zeng (Mantle), Samar Sen (Talos), Jason Choi (Tangent), Lasanka Perera (Independent Reserve), Mark Rydon (Aethir), Luca Prosperi (M^0), Charles Hoskinson (Cardano), and Yat Siu (Animoca Brands) on our recent shows. ️ Hey there, Blockcast listeners! ️ This podcast provides commentary and discussion on cryptocurrency and related topics. It is intended for informational and entertainment purposes only and should not be construed as financial advice. Guests appearing on this podcast may discuss companies or strategies, but these discussions are not recommendations to buy, sell, or hold any particular asset or pursue any specific strategy. The hosts and guests are not financial advisors, and listeners are urged to consult with a qualified professional before making any investment decisions. Investments in cryptocurrency are inherently risky, and you could lose money.