Ramses X
Educator Kit
Everyone

Meet Ramses

Learn who uses Ramses and how its pools work.

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A place to swap tokens

Ramses is a decentralized exchange: people trade tokens through blockchain contracts.

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A multichain market for tokens

Ramses is a decentralized exchange on Arbitrum, HyperEVM, Robinhood Chain and Polygon. Traders swap against assets supplied by liquidity providers. Features differ by deployment.

Three jobs in the market

Traders, liquidity providers, and voters play different roles.

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Three roles to understand

Each participant has a different job.

  • Traders exchange assets and pay swap fees.
  • LPs supply liquidity and take inventory risk.
  • Staked xRAM voters direct emissions to eligible pools.

How pools share fees

The pool type and its current settings determine how liquidity works and where fees go.

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Choose the pool, then read its economics

Legacy V2, concentrated V3 and DLMM serve different liquidity needs. V2/V3 are documented across the four deployments; DLMM is currently documented on Robinhood. The fee-only default gives LPs 95% of swap fees and the protocol 5%. Under the gauged default, swap fees go to voters and eligible LPs receive emissions.

What makes up your result

Your result combines the value of your tokens, income earned, and transaction costs.

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Understand the trade-off

Fees are income, not guaranteed profit. Token prices, inventory changes, inactive ranges, execution costs and contract risk all matter. Verify current pool settings before depositing.

Choose your next step

Start with the guide that matches what you want to do.

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Pick your next step

For a first swap, read the quote and wallet guide. For an LP position, learn ranges and test the inventory in the lab. For token participation, read the RAM token map and the exit rules. For a launch integration, use the partner brief to define one concrete pilot.

Robinhood revenue buys RAM

Since October 14, 2026, all Robinhood protocol revenue routes to BuybackModule for market purchases of RAM. Sarcophagus is closed there.

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Robinhood protocol revenue → RAM buybacks

Since October 14, 2026, 100% of protocol revenue on Robinhood Chain is routed to BuybackModule; the Sarcophagus is closed there. Accumulated revenue funds taker-side market purchases of liquid RAM, which is sent to the dead address. This redirects protocol revenue, not all swap fees. The documented fee-only default remains 95% LPs / 5% protocol; the gauged default remains 100% of swap fees to voters, with configurable exceptions.

Advanced Risk Check
  • Fees do not guarantee profit. Token prices, costs, and contract problems can cause losses.
  • Check which products are available on your chosen network.
  • Fees are only part of the result: You can earn fees and still lose money overall. Count changes in token value, transaction costs, and time outside your chosen price range. Read current pool settings and risks before depositing.
  • For RAM products, read the token map and exit rules.

Next steps