Solayer Rolls Out Solana-Native Margin Trade Mainnet for Onchain Perps

Solayer, a high-performance Layer 1 built on the Solana Virtual Machine, has launched the mainnet of Margin Trade, its onchain perpetual futures platform. Per a Wednesday announcement, Margin Trade enables multi-asset trading of crypto, commodities, and equities through a single margin account on Solana, supposedly combining the transparency and self-custody of permissionless finance with the speed and capital efficiency of traditional trading venues.

"Margin Trade is designed to bring crypto, commodities, and equities into a single onchain environment where traders can access global markets with the speed, transparency, and capital efficiency that modern trading demands," Solayer marketing lead Margie Feng said.

At launch, Margin Trade supports major crypto perpetual contracts, commodity markets for assets like gold, silver, and oil, and MT500, a synthetic index tracking broad U.S. equity market performance. It is also the first platform to offer a liquid perpetual market for Pearl Research (PRL), with up to 3x leverage.

Built by contributors from Solayer Labs alongside "former traders from leading financial institutions and crypto exchanges," including Citadel and Kraken, the platform uses a cross-margin system that lets traders manage multiple positions with shared collateral. All executions, funding payments, margin updates, and liquidations happen transparently onchain.

It leverages Solayer's high-throughput infrastructure, which claims 330,000+ TPS and ~400ms finality, per the announcement. Solayer put a public version of Margin Trade on the Solana testnet last week.

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