Rollie Finance is the first perpetual decentralized exchange (perp DEX) on the Scroll Mainnet, which aims to provide secure, low-cost, and fast transactions as a zkEVM Ethereum scaling Layer 2. The platform facilitates the trading of cryptocurrencies, forex, commodities, and real-world assets through a one-swipe interface.^[1][2]

Overview

Founded by Arthur A in September 2023, Rollie Finance is a decentralized exchange on the Scroll Mainnet. It aims to facilitate one-swipe trading for cryptocurrencies, forex, commodities, and real-world assets, with low fees, high leverage, and AI-driven trading. Rollie uses a single USDC vault and decentralized oracles to ensure transparent, on-chain execution.

The platform is non-custodial and focuses on security, allowing liquidity providers to earn fees through $RLP tokens. Planned features include social trading and prediction markets. The governance token, $ROLI, allows users to influence the platform's direction and earn through staking. Rollie Finance aims to provide a secure, cost-efficient, and user-friendly trading environment.^[1][2][3][4]

Products

One-Swipe AI Trading

Rollie Finance's One-Swipe AI Trading feature aims to simplify the trading process by utilizing advanced AI to aggregate the latest news and social sentiment on trading assets. This tool provides essential information in a user-friendly format, helping traders make informed and timely decisions. The intuitive interface is designed to remove the complexities of traditional platforms, allowing users to focus on their trades.

With one swipe, users can access necessary information, making it suitable for both experienced traders and newcomers.^[5]

ROLLs

Rollie Finance provides ROLLs as gaming credits within its platform. To earn ROLLs, users must complete tasks including linking their wallet, following Rollie Finance on X, joining the Discord, and entering an invite code.

ROLLs can be earned through daily missions, referrals, and specific activities such as staking or trading. Mini-games like Rollie-n-Roll are also available, where ROLLs can be used to potentially gain additional credits.^[9]

Architecture

Fees and Spread

Rollie Finance's architecture aims to provide a clear and competitive fee and spread structure. The opening and closing fees are 0.1% of the position size. Spreads are set at 0.025% for cryptocurrencies and stocks, and 0% for forex, with variations based on liquidity.

Price impact fees are calculated from trade size and liquidity and are applied only when opening trades. Borrowing fees are determined by the duration of the trade and leverage used. Funding fees are designed to balance long and short positions to match spot prices.

Rollover fees vary with asset volatility and are charged per block.^[6]

Keepers

In Rollie Finance, keepers are automated bots designed to monitor liquidity pools and token prices according to predefined parameters. They aim to support system stability, manage liquidity, and execute trades, contributing to the overall efficiency of the trading environment.^[7]

Open Interest

Rollie Finance establishes limits for maximum open interest (maxOI) and maximum net open interest (maxNetOI) to safeguard liquidity providers and ensure system stability. For example, if maxOI for BTC/USD is 6M, and the current long and short interests are 2M and 1M respectively, the net open interest (netOI) is 1M. When netOI approaches or exceeds the maxNetOI, new long positions are restricted, while additional short positions may still be allowed. This mechanism aims to manage risk and maintain a balanced trading environment.^[8]

Tokenomics

Fee Distribution

In Rollie Finance, fees are distributed as follows: 60% to $RLP holders, 30% to $ROLI stakers, and 10% to the Rollie Treasury. Stakers of $ROLI receive 30% of the protocol fees and may also earn $esROLI emissions, which are adjusted periodically.^[11]

$RLP

The $RLP token is utilized by liquidity providers on Rollie Finance. By depositing $USDC into the Vault, providers receive $RLP tokens, which represent ownership of the underlying $USDC assets. The Vault functions as a counterparty pool, aiming to generate returns based on the performance of leveraged traders.^[1]

$RF

The $RF token, known as $ROLI (ERC-20), functions as both a governance and utility token in the Rollie Finance ecosystem. It aims to provide holders with the ability to participate in governance and influence platform development. Additionally, $RF holders may earn a share of platform fees through staking. Future features related to $RF are expected to be introduced.^[1]

$esROLI

$esROLI is a tokenized version of $ROLI, held in a smart contract. Users earn $esROLI by staking $ROLI and can stake $esROLI to receive additional rewards. Fees are paid in USDT, providing stability. $esROLI aims to incentivize liquidity provision and support passive income generation.^[11]

Allocation

The allocation of $esROLI is organized as follows:

• Team and Advisors: 20%
• IDO on Scroll: 2%
• Treasury: 35%
• Liquidity Mining: 40%
• Marketing: 3%^[11]

Referral Program

The Rollie Finance Referral Program aims to reward users for bringing new participants to the platform. Referrers can receive up to 20% in lifetime rebates from the trading fees of those they refer, paid in USDC, and up to 20% discount on their own trading fees.

To participate, users need to connect their MetaMask wallet, sign up as a referrer, and share their referral link. The program includes a tiered structure where users with a significant following can apply to become Tier 2 referrers, which may offer additional benefits.^[10]