POWERDEX LAUNCHES ON SOLANA: A NEW FRONTIER FOR ALTCOIN OPTIONS TRADING
PowerTrade, the world’s leading crypto options trading platform, has announced the launch of PowerDEX on the Solana network — a major milestone in its mission to expand access to altcoin derivatives. Following its success on Ethereum and Base, PowerDEX on Solana will bring automated custody, on-chain settlement, and superior trading capabilities to both institutional and retail investors.
“We are taking steps to remove barriers to entry for altcoin options,” said Mario Gomez Lozada, Founder and CEO of PowerTrade. “PowerDEX on Solana delivers optimal speed, scale, and cost — while maintaining all the deep trading features users expect.”
PowerDEX Highlights on Solana
● Self-custody & transparent on-chain settlement
PowerDEX Solana offers fully automated custody and on-chain settlement, ensuring users have full control over their assets – reducing risk, increasing transparency.
● Deep liquidity across 80+ Altcoin markets
PowerDEX currently supports 80+ altcoin options markets, targeting 150+ markets by mid-2025, along with 100,000+ derivative products such as 0DTE options, weekly, monthly and 6-month expiry — creating unprecedented depth of liquidity in DeFi.
● Ultra-short-term options launch
PowerDEX pioneers 10-minute and 1-hour BTC options – products listed for the first time on a crypto exchange, serving active investors and high-speed trading.
● Flexible, high-efficiency collateral
Currently supports USDC and SOL collateral – users can optimize idle assets by providing liquidity or building complex multi-leg strategies.
● Advanced, institutional-grade trading tools
RFQ & Block Trading: Powered by AI/LLM technology.
Multi-leg strategies: Create complex structures (spread, butterfly, iron condor) directly on-chain.
SPAN margin tool: Optimize margin requirements across the entire portfolio, improve leverage efficiency.
Strategic vision and growth opportunities
While perpetual futures contracts account for 71% of crypto trading volume (~$690 billion/day), the options market still accounts for only 2–3% (~$20–30 billion/day). With PowerDEX expanding to Solana, the platform is breaking down three major barriers to the growth of altcoin options:
Increased market coverage: A single destination for over 150 altcoin markets, with the speed and scalability of Solana.
Deep liquidity & pricing: The PowerTrade team combines TradFi experience with advanced pricing and market making technology.
Reducing technical and capital barriers: Integrated collateral, risk, and margin management makes it easy for everyone to participate.
What you can do today on PowerDEX Solana
Insure an altcoin portfolio: Use put options to hedge against downside risk for assets like SOL.
Generate passive income: Sell covered calls to earn fees in USDC.
Bet on price trends: Use call or spread strategies to capitalize on token price rallies.
Multi-leg complex strategies: Design and deploy butterfly, calendar spread, iron condor… directly on-chain.
Yield optimization: Collateralize assets to provide liquidity, earn delta-1 returns from 20–30% APR.
The future of PowerDEX
PowerDEX currently operates on Ethereum, Base and Solana, aiming to support 150+ altcoin markets in Q3/2025. Upcoming features include:
Automatically structured yield products: Suitable for retail investors.
Collateral expansion: More tokens can be collateralized.
About PowerDEX
PowerDEX is a digital asset trading platform focused on altcoin options and advanced derivatives products. Founded by experts from Merrill Lynch, Credit Suisse, Lehman Brothers and Bloomberg, PowerTrade aims to become the #1 destination for altcoin options, bridging traditional markets and modern DeFi.