GMTrade surpasses $200M in daily volume as Solana DEX

Democrat Senator Launches $1.7B Iran Sanctions Probe Into Binance

GMTrade, a decentralized perpetuals platform that launched on Solana in March 2025, has quickly become a key player in the trading ecosystem, ranking third among Solana Perpetual DEXs as of February with daily volumes exceeding $200 million. The platform features dynamic funding rates that enhance price alignment with spot markets and supports a variety of assets, including indices, stocks, commodities, and forex. This aligns with the trend among Solana’s perpetual DEXs of emphasizing efficient liquidity sharing to improve trading depth.

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