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Ratehopper Beta Program and Launch
Recorded: March 19, 2026 Duration: 0:20:21Space Recording
Full Transcription
Hello, hello. I can hear you.
Can you hear me?
All right.
Let me try and your speaker. Okay. All right. I can do co-hosts and speakers.
to host and speakers.
Just dropping the link in a program.
Excellent. Tom, I'm going to invite you as a speaker here.
Sure.
You guys hear me okay?
Yeah. Yeah. Okay, great. here sure you guys hear me okay yeah okay great
okay should we um go ahead and get started we got a demo here that's it's ready to listen
hi demo you want to wait a couple minutes or see or yeah maybe wait like one or two minutes for the Thank you. All right, maybe we can go ahead and kick it off and people join.
That'll be great.
So we're here today to share some details about Ray Hopper.
Shouldn't be too long, 15, 20 minutes.
And we're just gonna go over kind of the protocol
and kind of our plans and how things work.
So just as a overall summary,
RateHopper is DeFi's first autonomous debt refinancing protocol,
which enables users to deploy agents that monitor positions 24-7
and automatically switch to lower rates using flash loans to lower costs and maximize profit
potential. So that is kind of the grand summary of what RateHopper does. So today, DeFi borrowers
usually have to choose lower rates based on the protocol they're using,
like Aave or Euler or Compound. And doing that manually is very intensive on the labor side.
So refinancing, which is switching to a lower rate, is very common in traditional finance,
but you don't see it in DeFi that much. So that means people are overpaying for interest.
As of Q4 2025, there's $50 billion in active borrowing across DeFi lending,
and borrowers overpay by 50 to 300 basis points. Positions sit idle during volatile rate swings,
and refinancing is difficult and time consuming. So cross-chain opportunities
are ignored. Switching from protocols is ignored. It's very hard to do by yourself as an individual.
So DeFi has made it easy to move capital but not optimize it on the borrowing side. You see it a
lot on the yield side with the yield optimization protocols, but on the borrowing side, that's where we think we can help.
With more tokenized assets coming on chain, this complexity just keeps adding up.
You get more capital, more protocols, more complexity, which makes it even more difficult to switch and find the lowest rates.
So the problem isn't access to capital, it's managing it more
efficiently. So that's where we think we can help. So a little bit about kind of where we see the
opportunity. DeFi could grow to $200 billion plus market with RWA's new credit markets like blackrock is talking about how they want to
tokenize all assets um and as more capital comes on chain the bottleneck is not in the assets
themselves it's in the execution of how you deal with those and it's not the new protocols it's
how you coordinate between them with the composability in DeFi. And so that's exactly what RateHopper is aiming to solve.
So Tomas, if you want to give a little history on the team.
Oh, yeah.
I just realized the team has been working together for more than five years.
And everything started with APY Vision.
Not sure if you have been around or people who are listening to this talk later,
but in 2020, there was DeFi summer
when all these DeFi innovation popped up every day,
DAXs, AMMs, lending protocols.
It was really hard to follow what's happening in this space.
It was quite an exciting time.
And, you know, DeFi was evolving really fast.
And the problem was that there were no tools
that help you understand
like how your positions are performing.
You probably had a good guess,
but you don't know if you
sometimes you didn't know like you made any profits or or not so and we already had tools
like dbank or zapper which which are great tools they show your balances your token balances but
they couldn't really tell like if you any profits with your DeFi activity.
So thanks to Tom, Tom is a beta tested DeFi user, and he was in the same situation.
He wanted to track his profits or losses, and he just started building APY Vision and everything started from there. So APY Vision
was initially a tool, an analytics tool that had liquidity providers understand the performance
of their positions. The app started focusing on DAXs and AMMsms and then we started covering more more protocols like lending and
borrowing and i think we ended up tracking around 6 billion in in user portfolios which was
quite huge at the time but the key reality was that okay okay, having great data is awesome, that's important.
But from a business model perspective, it's really hard.
It's really hard to sell the data.
And it's hard to monetize, especially when times are bad, it's a bad market.
So that was one piece of critical insights we we got and it was like a key moment uh
because um you know we really are we realized that we need to like solve some kind of problem
for the users apart from from providing the analytics so we realized we need to help people make money, like actively
make, let them make money. And basically, what we have seen in the, in the, in the first
three or four years of APY Vision's existence is that lending markets are really inefficient.
And you know, it's, it's not that not that sexy not that exciting market but it's still
like now it's a 50 to 60 billion market it's really huge and it's going to be much bigger
um so we we saw the opportunity here that okay this is like a really inefficient market
that's growing fast and i think there is something we can help users we can have them make
i have them actually save money on on borrowing costs and you know refinancing as aaron mentioned
is a huge category in in traditional finance uh but in d5 there's no like proper tool that helps
you find the best rates for you and refinance your
your debt uh so basically we moved from analytics to execution and um basically
a rate hopper is is a tool that helps uh with that with the power of of
ai and that was the point when Rathopper was born.
Yeah, Tom, do you want to speak a little bit about how
Rathopper came to being like the idea?
Yeah, for sure.
So a lot of protocols focus on the yield component, right?
Everyone's talking about yield everyone's
trying to maximize the farming rewards but not a lot of people are actually looking at on the other
side which is how can how can we save people money right and so that's really what great hopper does
is it's a refinancing protocol to help people with positions that they borrow against to optimize that.
Because right now, what we've seen is that a lot of people are not switching, right?
Either because it's cumbersome or they don't know the actual true rate.
But with Rate of Popper, what we actually do is we checkpoint the blockchain every minute
to ensure that the historical rate is the one that we use for making sure that the user is
getting the best rates and so it sounds simple on paper but there's actually a lot of plumbing that
went into it to ensure that we check every single protocol every minute and historically we get the moving
averages for that to determine whether or not it actually makes sense to switch
because what happens a lot of times when you go on let's say Ave or compound or
or moon well you see the rates but it's actually just for that current block and
so for you to actually calculate the rate that you've been paying, you have to go back
to the block that you started borrowing against.
And so what we do is actually catalog that for you, index it for you, and then we give
that information to our agents.
And so we have three hot predates core. We help users with deploying agents that help
with their switching to the best rate possible
when borrowing on DeFi.
And what we are envisioning is that other agents
in the future will be interacting with ours
because what we do is we help on
the refinance refinancing side but I'm sure there's agents out there I'm sure
some of you guys have also used before different agents that help you with the
yield opportunities and so we want to be able to hook into those agents but we
specifically focus on the refinance apart now while we're waiting for that happen
we've actually built a couple of agents ourselves in-house just so that we can demonstrate what our
agent can do and there's actually four you can choose from now we have a leverage looping agent that basically helps you deposit the collateral, say, let's say ETH and borrow against it.
Let's say USDC.
And then it swaps USDC for ETH and it deposits into the protocol again.
So it's essentially a looping strategy,
AKA leveraged strategy.
We also have a second one where we
help our users arbitrage. So our friends at false.fyi have given us access
to getting the yields for various protocols.
And we can actually look at those yields getting the yields for various protocols.
And we can actually look at those yields and look at the true APY that people have been using to borrow.
We can actually make some arbitrage opportunities there.
So there's an agent for that.
We also have a liquidity providing agent.
And this agent is special in the sense that it is using information
about options market for example determining the rate the the range to provide for
um and then the agent itself then goes into position to borrow funds have a or compound
the shinn borrow funds have a or compound and then it collects periodically those funds and
pays off the debt so it's almost like a self repaying loan and we are actually making that
into a more smarter a smarter mechanism where we are investigating how we can protect the downside because obviously
lp-ing doesn't just have benefits also has some costs so for example we'd be looking at buying
some put options as insurance to protect against the downside and then also being able to rebalance
more frequently so those are that's another agent that we're working on and then on being able to rebalance more frequently so those are
that's another agent that we're working on and then on top of that we have our
custom agent which basically just borrows against your collateral and
then gives you the ability to interface with another agent so So that's more of a more advanced agent, I guess,
if you will, but we also have that as well.
And yeah, so that's kind of it on the high level
on the product side.
We are, like I mentioned, we are continuing to add
more features to the different agents.
And yeah, also looking at any new protocols as well
as they come in and leveraging
any arbitrage opportunities as well.
Great. Yeah.
So I think we wanna share a little bit
about our program next.
Demo, if you have any questions, feel free to chime in.
Yeah, so maybe I'll start with the demo, the beta program then. So we launched a beta program on Zilli.
Basically, the main goal of this program is to get as many beta testers as possible to create Hopper.
We want feedback, real usage, and also want to uncover any edge cases and issues that might pop up.
And also the ultimate goal is to build something people want. So we want to refine the product, make it really the best product out
there to refinance your debt positions and also do more with your money.
And in the beta program, in the campaign basically, there's one big part which is engaging with Redhopper on highlighted social media posts here on Axe and also joining our Telegram chat.
As an optional step, the highly recommended step is to try Redhopper. That would be the main goal. I think those who complete the Z request, basically completing the social part of the
request, get some USDC rewards.
The reward pool is still active, so you can still join and complete these action items.
But I encourage everyone to try the app that will be the the most helpful and most useful for us and also those
who actually set up agents and and switch that positions uh they can unlock further rewards as
part of our uh tge and airdrop in the future so this is important alpha so
maybe the social actions are not enough,
but if you want some meaningful rewards,
then you should be active and you should contribute
to the development of the app.
So we will share the link on Axe,
and anyone can easily join and complete the quest.
Great, quest. Great.
Great.
So looking forward, um, some things you can look out for in the future, uh,
more integrations of protocols and such, keep an eye out on virtuals page for our
TGE, and we will also be using the ACP network.
So agent to agent communication.
And then we're also exploring some ways to do buybacks with revenue that
there are agents are earning.
So that's all kind of some things we're looking at in the future.
But the big picture is that we want to become the rate, the refinancing layer
for DeFi, so we're all working towards that.
And Tomas said, join the beta program, deploy agents,
get in the telegram and give us feedback.
And we would love to hear from you.
So that I think is going to wrap it up for today,
unless anyone has any questions.
All right.
Well, we'll look for everyone in the telegram.
We're pretty active in there, so just feel free to drop us a line if you need anything.
All right.
See you guys.
All right.
All right.
Thanks, guys.
Thanks. Thank you.
Host
Ratehopper
from
APY.vision
