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ryft integrates eight perpetual venues, and the app labels each one LIVE or SOON. The difference matters: live means you can open and close positions there today, soon means ryft reads prices, funding and depth from it to find you the best number, but doesn’t route orders there yet.

The venue grid on the Markets page — the live status shown here is the source of truth.

Why we keep them separate. Showing you a price on a venue we can’t actually fill is worse than not showing it, because you’d commit to a number we couldn’t honour.

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Live today

Four venues — ryft routes real orders to these right now.
Because ryft’s deposit pool lives on Solana, the two Solana-native venues are fastest to fund — nothing crosses a bridge. You never do this manually; it’s what the trade preview means by cold vs warm.

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Coming soon

Four venues — aggregated for pricing and funding today, tradeable once their execution path is proven end-to-end.
These still earn their place: their prices and funding rates feed the comparison that picks your venue, and they appear in cross-venue analytics. They just aren’t order destinations yet.
Venue status and the current market count per venue are live on ryft.market/markets. That page is authoritative — if it disagrees with this one, trust it.

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Why route across venues at all

Three reasons, and they compound:
  • Price. The best bid and the best ask are often on different exchanges. A consolidated book sees both.
  • Depth. A size that would walk three levels down one venue’s book might take only the top level on each of two venues. Splitting means a better average fill.
  • Funding. Rates differ, sometimes a lot, for the identical market. Holding a long overnight, the venue that pays least funding matters as much as the best entry price.

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About the RFQ venue

Variational works differently: there’s no public order book. You request a quote for a specific size, a liquidity provider quotes a price, and you accept or walk away. It charges no maker or taker fee — the cost is in the spread. ryft folds these quotes into the same comparison as order-book venues, so an RFQ price competes on an all-in basis.