Daily trading volume of Raydium derivatives contracts has reached US$100 million "
According to online reports, Raydium, the Solana ecosystem decentralized crypto trading engine, launched derivative contract trading a few weeks ago, and the daily trading volume has exceeded US$100 million. Such contracts allow cryptocurrency traders to speculate on price fluctuations without holding actual tokens. Currently, it is Solana's third-most popular perpetual contract trading platform, behind the ecosystem's trading giants Jupiter and Drift. It is reported that Raydium's perpetual contract trading is supported by Orderly Network, a trading project outside the Solana ecosystem. Orderly allows perpetual contract traders from multiple blockchains to trade assets on a unified order book.
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