Rage Trade said it is winding down operations and returning funds to token holders and investors, instructing users to manage any open positions directly on source protocol interfaces as its app is being deprecated. A holder snapshot has been taken, and the team warned not to trade RAGE during the process, noting such activity “will result in no allocation.”
Under the plan, investors with unsold/unvested allocations will be settled at 2.1× their entry price, liquid holders will receive $0.42 per RAGE, team members will be settled via token allocations or severance, and unclaimed deposits from deprecated vaults will be sent back to the original addresses.
No claim steps are required; distributions will be executed automatically, with final numbers adjusted to actual trade execution prices and shared prior to payout.
Rage Trade framed the move as an orderly wind-down and said an earlier snapshot identifies eligible wallets for distribution.
Rage trade token slumps with snapshot
The project asked users to avoid interacting with deprecated contracts and reiterated that exchange activity is irrelevant to allocations given the snapshot cutoff.
At publication time, RAGE last traded around $0.2892, according to CoinMarketCap. Market cap and 24-hour volume have thinned since the wind-down notice, reflecting limited liquidity and reduced activity around the token.
With settlement priced at $0.42 per RAGE for liquid holders and a snapshot in place, secondary-market prints are unlikely to affect individual payouts.
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