Reya
Reya is a trading-optimized Layer 2 built for perpetuals with cross-margin and near-zero fees.
Reya Network, built by Reya Labs (formerly Voltz Labs), is a trading-focused Layer 2 for perpetual futures that combines an order-matching engine with passive liquidity pools, unified cross-margin and yield-bearing collateral. The REYA token secures the network.
Reya fees
Reya charges about 0 bps maker and 0 bps taker (a basis point is 0.01%). As with any perp venue, the funding rate often matters more than the headline fee: it is a recurring payment between longs and shorts that can quietly run for or against your position. See how this stacks up on the lowest-fee perp DEX ranking.
Reya leverage & markets
Reya offers up to n/a leverage across crypto markets on Reya Network (Ethereum L2). Higher leverage magnifies both gains and liquidation risk, so size positions carefully. For the most aggressive limits, see the highest-leverage perp DEX ranking.
Is Reya safe and is there KYC?
Reya is non-custodial: your funds stay in your own wallet and you sign each trade, so there is no company holding your balance and typically no KYC. The trade-off is smart-contract and liquidation risk, so prefer venues with a solid track record and verify contracts yourself.
Who is behind Reya?
Reya was built by Reya Labs (formerly Voltz Labs), co-founded by Simon Jones and Artur Begyan.
Backers: Coinbase Ventures, Framework Ventures, Brevan Howard, Wintermute and others.
Reya milestones
- 2024Reya Network mainnet launches
- 2024Raises 16M USD led by Coinbase Ventures and Framework
- 2024Public REYA token sale via CoinList
Reya FAQ
- What is Reya?
- Reya is a trading-optimized Layer 2 built for perpetuals with cross-margin and near-zero fees. It runs on Reya Network (Ethereum L2) using a hybrid model, offering up to n/a leverage on crypto markets.
- What are Reya's fees?
- Reya charges roughly 0 bps maker and 0 bps taker (1 bp = 0.01%). Funding is paid periodically between longs and shorts.
- Does Reya require KYC?
- No. Reya is a decentralized exchange: you connect a self-custody wallet and trade permissionlessly, with no signup or KYC on the protocol.
- Does Reya have a token?
- Yes, Reya's token is $REYA.