Solana DeFi Heats Up as New Perp DEX Launches

[lingriiddd]

Solana’s DeFi ecosystem continues to accelerate, boosted by fresh infrastructure and rising institutional interest.
Ellipsis Labs just unveiled a fully onchain perpetual swap DEX — including its risk and matching engine — though the platform remains in private beta.

At the same time, Redstone’s new “Solana Lending Markets Report 2025” highlights massive onchain growth, noting Solana hit $35.9B in peak daily DEX volume.
The firm expects the next expansion phase to center on tokenized real-world assets and institutional capital moving onchain.

[Abdul Khan]

New perp DEX launches on Solana are driving even more activity into the ecosystem.

[Rimon Khan]

Solana once again proves it's leading in speed, innovation, and DeFi growth.

[Abdul Khan]

CFTC approval is a strong step forward for Gemini. Regulatory progress usually signals growing market confidence.