EXPLORE / PERPETUALS
Perpetuals are contracts that track an asset's price and let you trade with leverage, without holding the asset.
People use them to take a position on a price going up or down. The main risk is liquidation: leverage can wipe out your deposit quickly.
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- Leverage multiplies losses as well as gains
- Funding payments add up over time
- Learn the interface before using any leverage
Perpetuals projects
GMTrade
Perpetuals
Perpetuals exchange built on GMX's design, trading crypto and real-world assets from a Solana wallet.

Jupiter
Perpetuals
Swap aggregator that routes trades across Solana exchanges, with perpetuals and prediction markets.

Phoenix
Perpetuals
Exchange with on-chain order books for perpetual futures and spot trading.

Pacifica
Perpetuals
Perpetuals exchange on Solana for trading crypto with leverage.

Adrena
Perpetuals
Perpetuals exchange with a liquidity pool token and open-source code.