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January 01, 2025

2024 Annual Report: Rango’s Milestones and the Road Ahead📃

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TL;DR

2024 was a groundbreaking year for Rango, marked by significant milestones, partnerships, and innovations. From a strategic investment round led by Binance Labs to the launch of groundbreaking features like Multi-Routing and new version of smart-contract, the platform has solidified its position as the premier cross-chain aggregator. With integrations spanning major dApps and blockchains, strategic campaigns engaging users across the globe, and partnerships that push the boundaries of interoperability, Rango has achieved over $3 billion in cross-chain swaps and +3 million number of swaps. This annual report reflects on these achievements, providing insights into Rango’s ecosystem growth, community engagement, and vision for the future.

Index

  1. 2024 Overview
  2. Fundraise
  3. New Features
  4. Cross-chain Routing Expansion
  5. Rango’s API usage surge
  6. Campaigns & Community Engagement
  7. Partnerships
  8. Cross-chain Discussions
  9. Events Attended
  10. Unveiling Rango’s 2025 Roadmap

1. 2024 Overview

Key Achievements:

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                                                                                   Total stats from Genesis
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                                               Green numbers indicate Year-over-Year (YOY) growth
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Due to the surge in DApps integrating Rango’s API in 2024, integrators captured a larger share of the volume.
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Due to the surge in DApps integrating Rango’s API in 2024, integrators accounted for a higher share of transactions.
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Driven by trends like MEME, AI Agents, and other narratives, Ethereum, Solana, and Base have become significantly more popular on Rango in 2024 compared to 2023.
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2. Fundraise

Strategic Investment Round

2024 marked a pivotal year for Rango, highlighted by a strategic investment round led by Binance Labs, with Nomad Capital and Foresight Ventures joining. This infusion of capital not only underscores the confidence of leading investors in Rango’s vision but also positions the platform for accelerated growth and innovation.

3. New Features

Infrastructure Updates

  • Migration to a new audited version of Rango smart-contract (V3) for enhanced security and optimized cross-chain swap.

Product Innovations

  • Launch of Rango Swaps Explorer: Enables real-time tracking of Rango’s cross-chain swaps and bridges.
  • Introduction of Multi-Routing: Offers users more control over cross-chain transactions with options like Smart Routing, Lowest Fee, Fastest Transfer, Maximum Return, and Maximum Output.
  • Enhanced dApp experience: Features a seamless UX/UI, with options for dark and light themes.
  • Connect Wallet Update: Simplifies the wallet connection process.
  • Rango’s Profile and Scoring system: Introduces refined scoring to incentivize user engagement.

Global Reach

  • Support for 35 new languages

4. Cross-chain routing expansion

Blockchain Expansion:

Rango continued its blockchain integration efforts, adding support for:

  1. Scroll
  2. Mode
  3. Blast
  4. XLayer
  5. Celo

These additions enhance cross-chain interoperability, providing users with more seamless options for their transactions.

Enhanced Liquidity Depth:

In 2024, Rango significantly strengthened its liquidity aggregation by integrating with notable DEXes, liquidity pools and bridges, including:

  • XO Swap
  • ChainFlip DCA
  • zkSwap
  • Swap Mode
  • Sup Swap
  • PotatoSwap
  • Ring protocol
  • Thruster
  • Zebra
  • Mayan Finance

Wallet growth:

In the past year, Rango constantly researched and integrated new wallets for users’ better experience, including:

  • Safe
  • Ledger
  • Trezor
  • Brave Wallet
  • Braavos
  • Rabby Wallet

5. Rango’s API usage surge:

Numerous dApps integrated Rango’s infrastructure this year, reflecting its versatility and reliability. Highlights include:

  • Trust Wallet
  • Binance Web3 Wallet
  • Edge Wallet
  • Exodus
  • Infinity Wallet
  • USDFI
  • Reactor Fusion
  • Woken Exchange
  • Bru Finance
  • VefDefi
  • Plutope
  • Tomo Wallet
  • Contango
  • Lama
  • DapDap
  • Dzap
  • Xenify
  • Orbs
  • JaneDoe
  • Ring Protocol
  • SphereOne
  • Enkrypt: integrated Solana swap
  • El-Dorado
  • Flashpad
  • Mining Web
  • Pulse Wallet
  • RGoat
  • Stick
  • Orbit
  • SphereOne

6. Campaigns & Community Engagement

Key Campaigns

  • Rango #L2 Loyalty Campaign: Encouraged participation in Layer 2 ecosystems, rewarding users interacting with zkSync, Linea, Starknet, and Arbitrum.
  • The Castle Bridge Quest (Starknet Quest) Wrap-Up: Highlighted user engagement and milestones achieved in this adventure-themed initiative.
  • Rango and Web3 Binance Solana Campaign: Promoted Solana transactions in collaboration with Binance Web3.
  • Rango Linea LXP Rush
  • Rango & Scroll Challenger
  • Rango’s Guild Festival: With +9 Guild tasks with Discord Roles and NFT prizes.
  • Rango, Trust Wallet and Celo Campaign
  • Rango ScoreBoost

Key Campaigns result:

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Collaborative Initiatives:

Rango strengthened ties with partners through campaigns like:

  • Rango & DapDap Partnership Giveaway
  • Giveaway with zkSwap

7. Partnerships

Rango expanded its partnership portfolio, collaborating with:

  • El Dorado
  • BTC Layer
  • Unicorn Galaxy
  • Exodus Wallet
  • Compound
  • Native Finance
  • Izumi Finance
  • The Pulse Wallet
  • Morph
  • GT Protocol
  • BSquared Network
  • Open Money DAO
  • Lumia
  • Nomis
  • De.Fi
  • Ontology

Rango’s contributions to the Scroll ecosystem were particularly noteworthy, earning recognition and rewards from Scroll for its efforts.

8. Cross-chain Discussions

Rango’s AMA series featured engaging discussions with partners such as:

  • Lumia
  • Bru Finance
  • Maya
  • DapDap
  • Arbitrum
  • Stable USDFI
  • Morph
  • Scroll
  • AllBridge
  • Orbit

9. Events Attended

Rango actively participated in key industry events, including:

  • Token2049 Dubai
  • Token2049 Singapore
  • Binance Blockchain Week
  • Blockchain Life 2024

10. Unveiling Rango’s 2025 Roadmap

Looking ahead, Rango’s 2025 roadmap introduces advanced features, TGE, seamless integrations, and a stronger commitment to user-centric innovations. These developments aim to solidify Rango’s position as the premier cross-chain swap aggregator.

Rango’s roadmap:

https://docs.rango.exchange/roadmap

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