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RIF On Chain Review 2026: USDRIF and RIF PRO on Rootstock

RIF On Chain is a decentralised stablecoin protocol on Rootstock, the Bitcoin sidechain, that lets users mint the USDRIF stablecoin and the leveraged RIF PRO token. It suits users already holding RIF, but they should understand the collateral and leverage risks first.

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.7/10

Good

Visit RIF ON CHAIN

Our verdict on RIF ON CHAIN

6.7/10

RIF On Chain suits RIF holders and Rootstock users who want a decentralised, crypto-backed dollar stablecoin and are comfortable with leveraged exposure through RIF PRO. Its strengths are a non-custodial design, two listed audits and roughly 19 million USD in TVL. The main caveats are the concentrated RIF collateral and leverage risks, unpublished fees on the homepage, and jurisdiction restrictions in the terms.

Score breakdown

How RIF ON CHAIN scores

Security: 7.0/10
Ease of use: 6.5/10
Fees: n/a
Features: 6.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is RIF ON CHAIN?

RIF On Chain is a stablecoin protocol on Rootstock, a Bitcoin-linked sidechain. It lets users mint USDRIF, a stablecoin backed by crypto collateral, and RIF PRO, a leveraged token for RIF holders. The homepage calls it a secure, censorship-resistant, fully decentralised protocol.

DefiLlama lists it under dual-token stablecoins on the RSK chain, with about 19.1 million USD in TVL and two audits listed. It has been tracked since January 2024. TVL dropped 11.8% over the latest seven days. The project has no token of its own in the DefiLlama data, but it is governed by Money On Chain's MoC token.

The site is copyrighted by mimLABS and the front end is community-run, hosted on IPFS. That makes it more of a protocol than a polished consumer product, with community-managed code and documentation.

How RIF ON CHAIN works

Users deposit RIF as collateral and mint USDRIF, a stablecoin the protocol says is pegged 1:1 to the US dollar. The smart contract that creates it is what guarantees the peg. Because the backing is crypto rather than cash, the system is described as fully crypto-collateralized.

The second token, RIF PRO, is a leveraged position on RIF. Holders gain extra exposure to RIF price moves and can earn a share of the fees the protocol generates. Having a stablecoin token and a leveraged token is why DefiLlama files the project under dual-token stablecoins.

The protocol is governed by the MoC token from Money On Chain. Holders can vote on governance and stake to earn interest. The front end is open source and hosted on IPFS, and the contracts run on Rootstock, a Bitcoin sidechain, with Arbitrum contracts also listed.

6 features

Key features

USDRIF stablecoin

USDRIF is a fully crypto-collateralized stablecoin pegged 1:1 to the US dollar, with the peg guaranteed by the minting smart contract.

RIF PRO leverage token

A leveraged token for long-term RIF holders that gives extra exposure to RIF and a share of protocol fees.

MoC governance and staking

The protocol is governed by Money On Chain's MoC token, whose holders can vote and earn interest by staking.

Rootstock and Arbitrum contracts

Contracts are listed for both Rootstock and Arbitrum, so the tokens are not tied to one network.

IPFS-hosted front end

The front end is open source, community-maintained and hosted on IPFS, which reduces reliance on a single web server.

Integration for developers

Developers can integrate the protocol into their apps using the community-managed code repository.

Pros and cons

What we like

Fully crypto-collateralized stablecoin design with the peg enforced by a smart contract.
Two audits are listed on DefiLlama.
Non-custodial: the homepage says users keep custody and private keys.
Open-source, IPFS-hosted front end reduces dependence on one web server.
Around 19.1 million USD in TVL gives it a meaningful footprint on Rootstock.
Clear governance path through MoC staking and voting.

Watch out for

TVL fell 11.8% over seven days in the DefiLlama data, which suggests capital can leave quickly.
The stablecoin is only as sound as its crypto collateral; the project does not describe liquidation or peg-defence parameters.
RIF PRO is a leveraged token, so holders carry amplified exposure to RIF price moves.
The front end is community-run and hosted on IPFS, which means no central support desk is listed.
Access is restricted for people in certain jurisdictions, and the full list sits in the terms, not on the homepage.
Fee levels are not published on its homepage, so costs are hard to compare.

RIF ON CHAIN fees

Its homepage and DefiLlama data do not publish fee rates for minting, redeeming or holding USDRIF and RIF PRO. The homepage does say RIF PRO holders can earn a share of the fees the protocol generates, so fees clearly exist.

To see actual costs, check the dApp before confirming a transaction, and read the whitepaper and performance pages. You also pay network gas fees on Rootstock or Arbitrum.

Is RIF ON CHAIN safe?

DefiLlama lists two audits, but the project does not name the auditors or say what they found, so readers should look for the reports themselves. The protocol is non-custodial, so smart-contract, collateral and market risk replace counterparty risk. The leveraged RIF PRO token can lose value quickly if RIF falls.

The homepage shows a notice that access is prohibited for people in forbidden or restricted jurisdictions, and it refers to terms and conditions. No incidents are mentioned publicly, but that is not proof that none have occurred. Only use money you can afford to lose.

6 steps

How to get started with RIF ON CHAIN

1
Read the whitepaper and the Learn section to understand USDRIF, RIF PRO and the collateral model.
2
Read the terms and conditions and confirm you are not in a restricted jurisdiction.
3
Set up a wallet compatible with Rootstock or Arbitrum and fund it with RIF and gas.
4
Open the dApp through the Try It button and accept the third-party notice.
5
Start with a small amount, and check the fees and parameters shown before you confirm a mint.
6
Keep track of your positions, especially if you hold the leveraged RIF PRO token.

Open RIF ON CHAIN

Who RIF ON CHAIN is for

RIF On Chain is for experienced DeFi users who already hold RIF or operate on Rootstock and want a stablecoin or leveraged exposure without a central custodian. Beginners and anyone avoiding leverage should study the whitepaper first or look at simpler options.

RIF ON CHAIN FAQs

What is USDRIF?

USDRIF is a crypto-collateralized stablecoin that the protocol says is pegged 1:1 to the US dollar. The peg is maintained by the smart contract that creates it, with RIF as the backing asset.

What is RIF PRO?

RIF PRO is a leveraged token built for long-term RIF holders. According to the homepage, it gives extra leverage on RIF and makes holders eligible for a share of fees generated by the protocol.

Which blockchains does RIF On Chain use?

The homepage lists contracts for Rootstock (RSK) and Arbitrum (ARB1). DefiLlama tracks TVL only on Rootstock.

Does RIF On Chain have its own token?

The protocol is governed by the MoC token from Money On Chain. Holders can take part in governance and earn interest by staking, according to the homepage.

Is RIF On Chain safe?

The homepage describes it as fully decentralised and non-custodial, and DefiLlama lists two audits. Like any DeFi protocol it still carries smart-contract, collateral and market risks, so it is not risk-free.

Can anyone use RIF On Chain?

No. The front end shows a notice that access is prohibited for citizens, residents or taxpayers of restricted jurisdictions. Read the terms and conditions and confirm you are eligible before using it.

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