Raydium launches a public beta for perpetual futures trading

Raydium, a leading decentralized exchange (DEX) on the Solana blockchain, has launched a public beta for perpetual futures trading on Jan 10, 2025.

This new feature is powered by Orderly Network, which provides omni-chain liquidity and enables gas-free trading.

Here are some key highlights:

•  Over 70 trading pairs available

•  Up to 40x leverage

•  Zero maker fees and 0.025% taker fees during the beta period

•  $2.2 billion in total value locked (TVL), making it the third-largest DeFi protocol on Solana

This launch positions Raydium to compete with other platforms in the perpetual futures market, which has seen significant trading volumes and fees.