🗺️Solana perps, mapped Jupiter's YOLO offers up to 1,000x and did $1B in volume in under 24 hours, per Jupiter. Where @Solana perp volume sits (30d, @DefiLlama, Oct 19): · @gmtrade_xyz: $24.9B, LP pools · @pacifica_fi*: $10.2B, orderbook · @JupiterExchange: $5.14B, JLP pool · @PhoenixTrade: $1.21B, orderbook Two designs: a pool takes the other side of your trade at oracle prices; an orderbook matches longs with shorts. Risk check: · At 1,000x, a 0.1% move against you wipes the collateral (Jupiter docs) · Jupiter says YOLO is unaudited · Volume isn't depth. Incentives shape it: GMTrade rewards trades with GT points Follow @defi_stream for Solana DeFi with sources, not hype.
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