ChainCatcher news: According to CoinDesk, the decentralized exchange perpetual aggregator Rage Trade announced plans to issue a new token (RAGE) through a liquidity generation event and a token sale on Fjord Foundry on August 7. The token will be built on the recently released Layer1 blockchain Hyperliquid.

Rage Trade currently integrates GMX, Synthetix, Dydx, Aevo and Hyperliquid. It aims to allow traders to manage positions across multiple chains and earn rewards on each chain.