Raydium, the third-largest decentralized finance protocol on Solana, has introduced a public beta for perpetual futures trading via Orderly Network. This new platform offers more than 70 trading pairs with leverage up to 40x, featuring zero maker fees and a taker fee of only 0.025% during the beta phase.
The decentralized exchange (DEX) sector has experienced significant growth, with perpetual products generating over $650 billion in trading volume. Raydium has a total value locked of $2.2 billion, ranking behind Jito and Jupiter among Solana's DeFi protocols. By introducing perpetual futures, Raydium is positioning itself to compete with other platforms like Arkham, which recently launched both perpetual and spot trading products. This move takes advantage of Solana's fast and cost-effective infrastructure, providing users with improved access to omni-chain liquidity and derivatives trading capabilities.
Perpetual futures trading is a significant development in the decentralized finance space. With Raydium's public beta on Orderly Network, users now have access to more than 70 trading pairs with leverage up to 40x. The platform offers zero maker fees and a taker fee of only 0.025% during the beta phase, making it an attractive option for traders. The decentralized exchange sector has seen tremendous growth, with perpetual products generating over $650 billion in trading volume. Raydium, with its $2.2 billion total value locked, is positioning itself as a strong competitor in the Solana DeFi ecosystem. By leveraging Solana's fast and cost-effective infrastructure, Raydium provides users with improved access to omni-chain liquidity and derivatives trading capabilities.