About Reya Network (Voltz)

What is Reya Network in simple terms?

Reya Network is a trading-optimized Layer 2 blockchain built for decentralized finance (DeFi). Instead of being a general-purpose chain, it’s tailored for crypto trading—millisecond execution, zero gas fees, and MEV-resistant design. Think of it as infrastructure where exchange-level performance meets Ethereum security. The project evolved from Voltz Protocol, which once handled over $30B in swaps, and now aims to unify liquidity and power “Internet Capital Markets.”

How will the REYA token be distributed?

The REYA token hasn’t launched yet, but at least 45% of supply is reserved for the community. Distribution will be tied to Reya Chain Points (RCP), a weekly rewards system. RCP points track user activity across trading, staking rUSD into srUSD, and ecosystem contributions like tools or onboarding. A referral program also exists: you earn 10% of referees’ RCP and they get a 10% fee discount.

Are vesting or unlock schedules known?

Not yet. No token generation event (TGE) has occurred, and the team hasn’t shared detailed vesting charts. They’ve hinted unlocks will align with ReyaChain’s rollout, their own based rollup architecture. For now, the RCP points system is the closest preview of how tokens might later flow. Worth noting: timelines remain fluid, so investors should expect changes.

Who has backed Reya financially?

Reya has raised $16M across two rounds: a $6M Seed in Jan 2022 and a $10M Funding Round in Mar 2024. Framework Ventures led both. Other major backers include Brevan Howard, Coinbase Ventures, Wintermute, Fabric Ventures, Bankless, Amber Group, and Robot Ventures. Angels like Stani Kulechov (Aave) also participated. This mix of Tier 1 VCs, exchanges, and DeFi-native founders signals strong institutional and ecosystem confidence.

What activities or airdrops exist?

Instead of a typical ICO, Reya runs points campaigns and liquidity events. Users earn RCP by trading on ReyaDEX, staking into srUSD, or contributing signals. A referral system boosts rewards. Key milestones include the Liquidity Generation Event (Apr 2024), ReyaDEX launch (May 2024), OG NFT mint (14,689 wallets, Mar 2024), and the introduction of RCP points in Jul 2024. These campaigns form the backbone of its future airdrop eligibility.

Where can I trade on Reya today?

Since the REYA coin itself isn’t trading yet, users interact through ReyaDEX. It’s a native perpetuals exchange where rUSD pairs dominate. You’ll find 60+ markets—BTC, ETH, SOL, and many altcoins—with features like cross-margin, flash collateral swaps, and conditional orders. Block times run at 100ms with FIFO ordering, so trades clear fast without gas fees. Still, you can’t yet buy REYA on Binance or Coinbase.

What risks should users be aware of?

Plenty. Reya relies on a centralized sequencer setup for now, with upgradeable contracts and a committee-based data system—not fully trustless yet. As a premarket project, the coin’s valuation and liquidity remain unknown. It also faces stiff competition from dYdX and other derivatives leaders. Add in regulatory scrutiny on DeFi trading, and it’s clear Reya carries both promise and risk. Users should weigh technical progress against execution challenges.

Why does Reya use rUSD and srUSD?

Great question—why not just USDT or USDC directly? rUSD is wrapped USDC, acting as the network’s trading currency. srUSD is staked rUSD, earning yield while doubling as margin collateral. This design lets traders keep positions open while still generating returns. It’s a clever way of making collateral capital-efficient, aligning with Reya’s broader goal of unifying liquidity across the ecosystem.