RTX, as a newly launched multi-chain DeFi protocol, has attracted quite a bit of attention. The basic idea of this project is to create a leveraged version of the Pendle YT product, mainly deployed on the BSC and Solana chains.

From the tokenomics perspective, the total supply is 100 million tokens, with an initial circulating supply of 16.66%. The airdrop portion accounts for 6.66% (1.332% unlocked at TGE), with 11.66% allocated to the ecosystem and community, and 5% to the treasury. The market opens at 17:00, but the specific timing for claiming the airdrop has not been announced yet.

The team has a solid background—Hong Kong-based, with founders coming from traditional finance. RTX is their first startup. Interestingly, their Twitter indicates that the team is already planning a second product line, Mooncake. In terms of funding, they have received two rounds of support from GSR and Animoca, with the second round raising $7 million and the first round $25 million (exact figures not disclosed).

Currently, the pool price is 1.2, corresponding to a $120 million FDV and approximately $19.99 million in circulating market cap. Honestly, this price seems a bit high, and pre-market liquidity is not ideal, so its reference value is limited. However, if the project performs well after the official opening, there is still a chance, especially if the project team has engaged a market maker for liquidity. The key will be the actual performance on the first day of trading—until then, it’s safer to remain cautious.