If you have been following the ecological changes of NEAR, the new projects of Binance Alpha, or the next wave of promising DeFi infrastructure recently, you may have come across a name @ rhea_finance This project, which was once played down by the airdrop party, is now making a completely different comeback. Token TGE is approaching The earliest RHEA was a multi chain DeFi project started by airdrop. However, with the first wave of farmer like traffic exiting, FDV collapsing and discussion cooling down, RHEA was once included in the list of traffic foam projects But it didn't die. When most people thought the project had cooled down, the RHEA team chose to directly refactor the underlying system, redoing everything from liquidity design, token mechanism to product stack: Launch xRHEA/oRHEA stacked staking model, bound for real use Integrate CLMM+ALMM modules to improve capital efficiency Connect BTC native assets (nBTC) and become the BTC liquidity hub on NEAR Release NEAR's first cross chain LST product: rNEAR Aggregate lending DEX、 The strategy treasury module has become a true DeFi one-stop platform From the performance on the chain, RHEA's data has been revived The current TVL exceeds 260 million, with real on chain lock-in The daily trading volume remains stable in the range of 125 million to 150 million The total trading volume of DEX has exceeded 1.27 billion Binance Alpha Debuts, Becoming NEAR's First Native Project to Enter Binance Alpha Meanwhile, RHEA has also become the only complete DeFi stack that integrates Spot+aggregate trading, leveraged lending, CLMM, ALMM (similar to UniV3/V4), smart vault strategy, native Bitcoin cross chain assets, and LST (rNEAR) liquidity integration on NEAR In terms of user experience, RHEA no longer requires operational barriers such as switching wallets and chain access, but instead uses chain abstraction and intelligent routing to allow users to directly participate using NEAR, ETH, BTC, BNB native assets The airdrop has been completed, the chip structure is healthy, speculative funds have been cleared, and there is strong linkage with wallets such as OKX Wallet and Gate. The activity is effective in generating volume, and CLMM+ALMM+aggregation trading+Lending are all available now In the past few months, the RHEA team has not done any fancy work or held PPT meetings, but quietly built a real and efficient financial system. This is not the second GMX, not another AAVE, but the project on NEAR that is closest to the complete financial stack