Pacifica handled most of the trading on Solana perpetual venues on Oct 17. It took $186.7M of the $327.8M in 24 hour volume across the six venues we read, but held only 26.3% of the open positions on the board.
Its biggest markets weren't Solana. Bets on $BTC at $21.1M and $ETH at $16.9M were its two largest, and in both, traders betting on a rise paid a +0.0013% hourly funding fee to keep them open.
GM Trade still carries the most open positions, $97.0M or a 42.8% share. Two of its largest markets are currencies rather than coins, AUD at $12.7M and USDCAD at $12.2M.
Its biggest markets weren't Solana. Bets on $BTC at $21.1M and $ETH at $16.9M were its two largest, and in both, traders betting on a rise paid a +0.0013% hourly funding fee to keep them open.
GM Trade still carries the most open positions, $97.0M or a 42.8% share. Two of its largest markets are currencies rather than coins, AUD at $12.7M and USDCAD at $12.2M.