About Ranger

What is Ranger Finance all about?

Ranger Finance is a multi-asset trading platform on Solana, best known as the first perpetual futures aggregator in the ecosystem. Instead of forcing traders to pick one venue, it routes orders across Jupiter, Flash, and soon Drift, Adrena, and Zeta. The aim is simple but powerful: deeper liquidity, less slippage, and smarter execution for both retail and institutional users. Since launch in December 2024, it’s handled over $150M in trades and saved users hundreds of thousands in fees.

How does the RNGR token fit into the platform?

RNGR is designed as the governance and utility coin of Ranger Finance. It’ll give holders a say in protocol decisions while tying them into platform reward systems. At the moment, there’s no disclosed total supply or allocation breakdown—the project is still pre-TGE. What’s available now is the points system: users earn “Ranger Points” for trading and referrals, which should later convert into RNGR at the token launch.

What’s the deal with vesting and unlocks?

No vesting or unlock schedules for the RNGR token have been shared yet. The project’s still in premarket mode. Instead, it runs a points-based campaign where 500,000 Ranger Points are handed out weekly. These points will eventually map to RNGR after TGE. The exact ratio, vesting terms, or lockups haven’t been revealed, so participants are earning ahead of clarity.

Who backed Ranger Finance in fundraising?

In January 2025, Ranger closed a $1.9M seed round at a $30M valuation. RockawayX led the raise, joined by investors like Big Brain Holdings, Selini Capital, Zee Prime Capital, Flow Traders, Anagram Crypto, and Presto Labs. Angels included Joe McCann, Arthur Cheong, and Thanh Le. The round’s purpose was clear: strengthen development, expand the team, and prepare AI-assisted trading features.

How do users currently earn from Ranger Finance?

Right now, the big incentive is the Ranger Points Season. It launched in February 2024 and pays out 500,000 points each week to traders and referrers. Points will later qualify for the RNGR token airdrop. On top of that, referrals bring 5% fee discounts to users and a 70% fee share to the inviter. Ranks also play a role: the Ranger Ranks Program, live since February 1, 2024, rewards active traders and contributors with hourly updates to standings.

Is there a confirmed RNGR airdrop?

Yes. Ranger Finance has publicly confirmed that active traders and community members will be eligible for an airdrop. The allocation will be based on accumulated Ranger Points. While the exact conversion rate isn’t known, this campaign is the main path to getting tokens before exchange listings.

Where will RNGR be tradable once live?

The token isn’t trading yet, but plans point to a launch through BonkLive. Given Ranger’s Solana-native integrations, it’s expected to show up on Solana DEXes first. Think of venues tied to Jupiter or other major liquidity hubs. Exact trading pairs (like RNGR/USDT or RNGR/USDC) haven’t been announced, but USDT- and USD-linked pairs are likely, since those dominate Solana’s perps landscape.

What role does Ranger Finance play in Solana’s ecosystem?

It positions itself as the “execution layer” for Solana’s perps market. Instead of competing with protocols like Drift or Jupiter, it aggregates them—offering a neutral bridge where traders get the best price execution. It’s an infrastructure bet: solving liquidity fragmentation, while adding analytics like liquidation maps, open interest, and funding rates. Down the line, AI-managed vaults and cross-margin support are on the roadmap.

What risks should be on a trader’s radar?

Like all DeFi perps platforms, Ranger faces smart contract and oracle risks. A bug in one integrated protocol could cascade through the aggregator. Liquidity remains dependent on Solana venues, and outages in Solana’s past still weigh on trust. Plus, regulators are circling leveraged products—100x perps could draw attention. And let’s not forget: the RNGR tokenomics aren’t finalized yet, so participants in the points program are flying with some uncertainty.