Raydium Perps Surpasses $500M in Volume as Solana’s Top Futures DEX

Raydium Perpetual Futures is rapidly becoming a major player in the decentralized trading space, offering a gasless order book and up to 50x leverage. 

Built on Orderly Network’s infrastructure, it delivers a smooth and efficient trading experience while ensuring users maintain full custody of their funds. 

Despite launching recently, Raydium Perps has already surpassed $500 million in trading volume, highlighting its rapid adoption among traders seeking a decentralized alternative to centralized futures exchanges.

With its deep liquidity and seamless integration with Solana wallets, Raydium Perps is setting a new standard for decentralized derivatives trading.

Raydium Perpetual Futures Explained

Raydium Perpetual Futures is an innovative on-chain trading platform that enables perpetual futures trading with up to 50x leverage. 

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Unlike traditional DeFi platforms, Raydium Perps operates as a gasless Central Limit Order Book, providing deep liquidity and a seamless trading experience directly from any Solana-compatible wallet.

Built on Orderly Network’s infrastructure, Raydium Perps allows traders to execute market, limit, and stop orders while retaining full custody of their funds. It is designed for traders who seek a high-performance decentralized trading experience without compromising security or efficiency.

A key advantage of Raydium Perps is its ability to offer CeFi-level functionality while maintaining a decentralized framework. 

The platform has gained significant traction, crossing $500 million in trading volume within a short period. This growth highlights the demand for efficient, on-chain derivatives trading on Solana.

Read more: How Solayer Scales Solana with Advanced Consensus

How to Start Trading on Raydium Perps

Trading on Raydium Perps is straightforward and designed to provide a smooth user experience.

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1. Visit the Raydium Perps platform and connect a Solana wallet.
2. Register and generate an API key if required.
3. Deposit USDC as collateral. The platform currently only supports USDC, though a swap and bridge feature for other assets will be available soon.
4. Adjust leverage settings and select a trading pair.
5. Place market, limit, or stop orders to begin trading.

Raydium Perps provides a customizable interface where traders can resize windows, monitor their account health, and manage open positions with ease. 

The platform supports various order types and margin modes, ensuring flexibility for different trading strategies.

Why Traders Are Choosing Raydium Perps Over Spot Trading

Perpetual futures trading offers several advantages over spot trading, making Raydium Perps a preferred choice for experienced traders.

Long and Short Trading

Unlike spot markets where profits depend solely on price appreciation, perpetual futures allow traders to profit from both rising and falling markets. A trader can take a long position if they anticipate a price increase or a short position if they expect a decline.

Leverage for Capital Efficiency

Raydium Perps enables traders to amplify their positions with leverage, reducing the capital required for large trades. For example, instead of needing 90,000 USDC to buy one BTC in the spot market, a trader can use 10x leverage and open the same position with only 9,000 USDC.

Deep Liquidity and Order Book Execution

Since Raydium Perps operates on an order book model rather than an automated market maker, it provides tighter spreads and lower slippage. This enhances execution quality, making it a more attractive option for high-volume traders.

Read more: Can NEIRO on Solana Surge 100% in the Next Few Days?

Raydium Perps Features and Fee Structure

USDC-Based Collateral and Settlement

All perpetual contracts on Raydium are collateralized and settled in USDC, ensuring a stable and predictable trading environment.

Cross-Margin Mode

Raydium Perps uses cross-margin mode, allowing traders to share their USDC collateral across multiple open positions. This helps maintain margin ratios and reduces liquidation risks.

One-Sided Position Mode

Traders cannot hold both long and short positions on the same contract simultaneously. This prevents unnecessary risks and simplifies position management.

Order Types and Execution

Raydium Perps supports various order types including market, limit, and stop orders. Traders can also use advanced execution flags like Immediate or Cancel, Fill or Kill, and Post Only to refine their strategies.

Trading Fees and Costs

To celebrate its launch, Raydium Perps has waived additional fees. Orderly Network charges a 2.5 basis point taker fee for market orders and a flat 1 USDC withdrawal fee. Raydium Perps does not charge maker fees for limit orders, making it the most cost-effective perpetual futures platform on Solana.

Conclusion

Raydium Perpetual Futures is quickly becoming a dominant force in on-chain trading, with its trading volume surpassing $500 million. 

Offering a gasless order book, deep liquidity, and up to 50x leverage, it provides a seamless alternative to centralized futures exchanges while maintaining user control over funds.

For traders who prefer a centralized platform or want to trade Raydium’s RAY token alongside other Solana assets, Bitrue offers a robust alternative. 

Bitrue supports futures trading with high liquidity and advanced tools, making it a great option for those looking to diversify their trading strategies.

Frequently Asked Questions

What is Raydium Perpetual Futures?

Raydium Perps is a decentralized perpetual futures trading platform on Solana, offering up to 50x leverage with a gasless Central Limit Order Book.

How does Raydium Perps compare to spot trading?

Raydium Perps allows traders to use leverage, short assets, and benefit from deep liquidity, providing more flexibility than spot trading.

Is Raydium Perps available in all regions?

Raydium Perps is not available in the United States and certain restricted jurisdictions. Traders should verify their eligibility before using the platform.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

Bitrue Official Website:

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.