Biweekly update #6

Strips Finance (now RabbitX)
2 min readDec 27, 2021


Merry Christmas! On behalf of the team at Strips Finance, we would like to wish everyone a very merry Christmas.

Market Recap

  • STRP price: $2.75 (-25.67% 📉)
  • STRP circulating supply: 2,661,264
  • STRP circulating market cap: $7,308,660
  • Number of holders: 1,271
  • Twitter followers: 20.5k

Progress Update

We have released Arbitrum testnet beta on

Some of our core supporters and friends are invited to try out our newly designed UI and trading interface. We will be announcing a public trading competition very soon to make the beta frontend available to everyone.

We are wrapping up our audit report with Peckshield, and have already started the kick-off call with Trail of Bits for our fourth and final audit.

Progress for November-December:

  • [x] Complete core smart contracts
  • [x] Complete internal tests
  • [x] Complete v7 logic tests
  • [x] Complete v8 logic tests
  • [x] Complete economic simulation whitepaper
  • [x] Complete economic simulation in code
  • [x] Frontend completion
  • [x] Frontend internal User Acceptance Testing (UAT)
  • [x] Frontend closed beta UAT
  • [x] Complete 2 audits (2/2 done)
  • [ ] Complete 2 more audits (2 of 2 in progress)
  • [x] Audit oracles
  • [x] Public hackathon
  • [ ] Frontend public beta
  • [ ] Testnet trading competition


You can download our Certik audit report here.


STRIPS is currently hiring for several roles. Interested applicants can email their resume and cover letters to

To learn more please visit the project’s website at or follow the project on

Twitter | Telegram | Discord


Any past performance, projection, forecast or simulation of results does not necessarily indicate any investment’s future or likely performance. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by Strips Finance.