Solayer Launches Margin Trade Mainnet on Solana, Supporting Multi-Asset Perpetual Contracts

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PRL-8.19%
SOL-5.77%
According to The Block, Solayer has launched Margin Trade, a multi-asset perpetual contracts platform on Solana that allows users to trade cryptocurrencies, commodities, and stocks through a unified margin account. The platform's initial offerings include crypto perpetuals, precious metals markets (gold, silver) and crude oil, a synthetic MT500 index tracking broad U.S. equities, and PRL perpetual contracts with up to 3x leverage. All trades, funding fees, margin updates, and liquidations execute on-chain, supported by Solayer's infrastructure capable of handling over 330,000 transactions per second with approximately 400 milliseconds finality.
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