Two of the five largest single markets on Solana perps on Oct 23 weren't crypto at all. GM Trade's USDCAD held $15.6M in open positions and USDCHF held $13.9M. Only SOL on Jupiter Perps at $34.7M, BTC on Pacifica at $25.6M and ETH on Pacifica at $16.6M ranked higher.
GM Trade led the board with $106.6M, or 42.0% of the $253.9M total across six venues. Its shorts ran slightly ahead of its longs, $108.7M against $104.5M. A median hourly funding of -0.0003% meant shorts paid longs a sliver to keep their positions open.
Jupiter Perps leaned the other way, with $86.4M in longs against $17.9M in shorts.
GM Trade led the board with $106.6M, or 42.0% of the $253.9M total across six venues. Its shorts ran slightly ahead of its longs, $108.7M against $104.5M. A median hourly funding of -0.0003% meant shorts paid longs a sliver to keep their positions open.
Jupiter Perps leaned the other way, with $86.4M in longs against $17.9M in shorts.