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>>Solana’s rapid expansion drives its monthly perpetuals volume past previous records

Solana’s rapid expansion drives its monthly perpetuals volume past previous records

crypthub

about 3 hours ago

Derivatives Market Surge

Solana’s price has slipped to the $75 support level, yet bullish momentum is returning in its derivatives sector. Monthly perpetual futures volume has risen sharply, signaling heightened trader engagement. The surge suggests growing liquidity and interest from both retail and institutional participants.

Record Perpetual Futures Volume

In May 2026 SOL processed $76.7 billion in perpetual futures, a 34% jump from the previous $57 billion high in November 2025. This 97% month‑over‑month increase marks a new benchmark for on‑chain price discovery. The network’s fully on‑chain execution—order entry, matching, and settlement—routes revenue back to the protocol, reinforcing its competitive edge.

Stablecoin Activity Boost

Solana has seen an unprecedented flow of stablecoins, handling $79.9 billion in a single week. Daily billions move across the chain, underscoring strong network health and demand for fast, low‑cost transfers. The volume rise highlights Solana’s expanding role as a core hub for on‑chain liquidity and DeFi transactions.