Raydium's New Feature Launch: Perpetual Futures for Solana Users

user avatar

by Giorgi Kostiuk

2 years ago

Raydium, a leading decentralized exchange on the Solana blockchain, has announced the public beta launch of its Perpetual Futures feature. The new feature aims to provide gas-free trading through a Central Limit Order Book mechanism, offering leverage of up to 40x.

Raydium's New Feature

The launch of Raydium Perps allows Solana users to experience a CEX-like interface while maintaining self-custody over their funds. During the public beta, competitive fees are offered, with zero maker fees and a 2.5 basis point taker fee, the lowest on Solana.

GM Radiators, BIG news! Public Beta for Perpetual futures trading is now LIVE on Raydium, powered by Orderly Network!

Features of Perpetual Futures

Perpetual futures are a type of derivative contract that enables traders to speculate on an asset's potential price movement. Unlike traditional futures, which have an expiry date, perps have no expiry date, allowing traders to hold positions for as long as they want.

Benefits for Traders

Traders can access over 70 asset pairs, making the platform attractive. During the beta phase, users can report UI/UX bugs and potentially earn $RAY tokens as a reward.

One of the significant features of Raydium Perps is its gas-free trading ecosystem, addressing a crucial issue for users on other blockchains. The launch highlights Raydium's commitment to innovation and user-focus, positioning it as a key player in the Solana ecosystem.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

HTX Research Unveils Insights on Stock-Linked Memecoins

HTX Research has released a report on stock-linked memecoins, analyzing their market structure and growth potential.

user avatarMohamed Farouk

BAI Builds Closed-Loop Infrastructure for the Agent Economy

BAI is building a closed financial loop for the agent economy, integrating models and agents to facilitate seamless transactions.

user avatarDiego Alvarez

BAI Sets New Industry Record with 151 Trillion Tokens Daily Throughput

BAI has set a new industry record with a daily throughput of over 151 trillion tokens, marking a significant increase since its launch.

user avatarElias Mukuru

Justin Sun Prize Launched to Transform Scientific Research

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.