Exchange Rage Trade announced the release of a new RAGE token through a liquidity generation event and token sale at the Fjord Foundry on August 7th. 20 million RAGE tokens will be sold at a fixed price of $0.30 on Fjord.

The token will be created on the recently launched Hyperliquid blockchain network. Rage Trade currently aggregates GMX, Synthetix, Dydx, Aevo and Hyperliquid.

The "Rage Quit" function has been introduced, allowing private investors to receive their share early for a 60% discount. RAGE will be one of the first tokens on Hyperliquid.