Solayer, a blockchain infrastructure company focused on the Solana ecosystem, announced the launch of the public testnet for Margin Trade, a new trading platform that combines multiple asset classes within a single margin system. Margin Trade is built entirely on Solana and uses the infrastructure developed by Solayer.
The product is being developed by a team that includes former Citadel and Kraken traders. According to the company, Margin Trade is designed to allow users to trade crypto assets, commodities and equity-related products using a single on-chain collateral pool.
At launch, Margin Trade is expected to support perpetual cryptocurrency contracts, as well as commodity markets such as gold, silver and oil. The platform will also introduce the MT500, a synthetic index designed to track broad exposure to the US stock market. Solayer said future updates could include individual stocks and volatility-based products.
The company plans to publish technical materials and research explaining the platform’s architecture, trading model and market structure. Additional ecosystem features are also expected to be introduced during the rollout, including trading competitions, ranking systems and referral programs.
The platform recently completed a private testnet phase with a limited group of users and partners. This week, Solayer opened public access to the Solana testnet, allowing a broader group of merchants and ecosystem participants to test the product before its full release.
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