The Solana-based DEX builder is gearing up for an expansion.
Total trading volume surged 95%, with options accounting for a giant share of the total platform activity.
The launch of Donald Trump’s official memecoin on Solana has not only boosted the cryptocurrency’s price and trading volume, but also perceived odds of a SOL ETF.
Wintermute report reviewed a strong 2024 as OTC volumes grew by 313%.
The trading platform is seeking a $5 billion valuation and could list as soon as the second quarter, the Financial Times said
The exchange, which now boasts over one million crypto trading clients, has been expanding its cryptocurrency offerings since 2019.
Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido.
The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.
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