A single market on Jupiter Perps, $SOL itself, held $28.1M in open leveraged bets on Nov 10. That is more than the whole Phoenix venue, at $16.4M. Traders in it paid an hourly borrow fee of +0.0016% to keep their positions open.
Across six Solana perpetual venues and 295 markets, open bets totalled $207.8M, and $1.08B traded in the 24 hours to that reading.
GM Trade leads with $86.3M (41.5%), ahead of Pacifica at $53.5M (25.8%) and Jupiter Perps at $47.1M (22.7%). Bullet holds $4.3M and Velocity $199K.
Across six Solana perpetual venues and 295 markets, open bets totalled $207.8M, and $1.08B traded in the 24 hours to that reading.
GM Trade leads with $86.3M (41.5%), ahead of Pacifica at $53.5M (25.8%) and Jupiter Perps at $47.1M (22.7%). Bullet holds $4.3M and Velocity $199K.
