Solayer launches on-chain perpetual futures platform

Solayer (LAYER), a Solana Virtual Machine (SVM)-based Layer 1, has launched the mainnet for its on-chain perpetual futures trading platform, Margin Trade, The Block reported. The platform supports trading a variety of assets, including cryptocurrencies, commodities, and stocks, through a single Solana-based margin account. Margin Trade aims to offer the speed and capital efficiency of traditional finance while maintaining transparency and self-custody.