DEX Solana, Raydium, Presents Futures Trading Features

JAKARTA - Raydium, the decentralized exchange (DEX) of Solana's DeFi (Decentralized Finance) ecosystem, is now introducing regular futures trading. This move marks the debut of futures trading indefinitely on the Solana network, which previously did not have a similar feature.

With the support of the Orderly Network, which offers an omnichain liquidity system, Raydium further strengthens its role in the world of decentralized trade. In the beta phase, the platform offers leverage of up to 40x, allowing traders to trade at a higher level of profit.

Before discussing further, it is important to understand what a typical futures is. Basically, this is a financial contract that allows traders to speculate about the price movement of an asset without having to buy the asset directly.

Unlike traditional futures contracts that have expiration dates, individual futures do not have a time limit and can be traded continuously. This contract allows traders to buy or sell assets with leverage, meaning they can control a bigger position compared to the capital they have. However, this also increases the risk of greater losses.

Perpetual futures trading at Raydium will provide new opportunities for traders who are interested in transactions using leverage. Perpetual futures trading is now one of the main drivers of global trading volume, which is estimated at US$650 billion (Rp10,075 trillion) annually.

The platform also leverages Orderly Network's orderbook system, which consolidates liquidity from more than 30 exchanges and 73 typical contracts. This innovation is expected to address liquidity issues and expand decentralized trading options in Solana.

Raydium has more than 8.4 million users and 600,000 daily active traders, previously this DEX platform only operates in spot trading. But now, with Orderly Network integration, they can offer more sophisticated products, including futures trading with deeper and more efficient liquidity.