Solana's perpetual contract trading volume reached $76.7 billion in May 2026, up 34% from the previous peak of $57 billion in November 2025, and a 97% month-over-month surge. This sets a new record for derivatives on the network.
Record Perpetual Contract Volume
Perpetual contracts, with no expiry, enable leveraged bets on asset prices. Solana's speed and low fees attract derivatives traders. The May volume spike reflects increased speculation and participation, indicating market confidence in Solana as a trading venue.
Stablecoin weekly volume on Solana also hit $79.9 billion. High stablecoin turnover is a liquidity gauge, reinforcing Solana's status as a key on-chain liquidity hub for DeFi and trading strategies.
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