PowerDEX Launches on Solana, Democratizing Access to Altcoin Options Trading

PowerTrade, the leading crypto options trading and investment platform, is proud to announce the launch of PowerDEX on Solana

PowerTrade, the leading crypto options trading and investment platform, has announced the launch of PowerDEX on Solana, marking a significant milestone in its mission to democratize access to altcoin options. Already live on Ethereum and Base, PowerDEX’s expansion to Solana adds secure on-chain custody and settlement, giving professional and retail traders access to 80 altcoin option markets and 100,000 products.

“We set out to break down the barriers to altcoin options trading,” said Mario Gomez Lozada, Founder & CEO of PowerTrade. “By bringing PowerDEX to Solana, we’re delivering the speed, scalability, and cost-efficiency that traders demand–without sacrificing any of the advanced options features they’ve come to expect.”

Why PowerDEX on Solana Matters

* On-Chain Self-Custody & Transparency: PowerDEX on Solana offers fully on-chain settlements and self-custody of funds, ensuring that users maintain complete control of their assets.

* Deep Liquidity Across 80 Altcoin Markets: Leveraging PowerTrade’s industry-leading liquidity infrastructure, PowerDEX Solana supports over 80 unique altcoin options markets today (targeting 150+ by mid-2025) and more than 100,000 distinct option instruments–including daily 0DTEs, weekly expiries, and up to six-month maturities. This depth of liquidity is unmatched in DeFi.

* Ultra-short-term Option Products: PowerDEX will launch 10-minute and 1-hour BTC options–the first exchange-listed contracts of their kind, to the best of our knowledge. These products cater to retail and “crypto degen” traders; roll-outs across altcoin markets will follow shortly.

* Multi-Collateral Flexibility: Users can post collateral in USDC, SOL only for now. Idle holdings become productive, as collateral can be deployed to earn yield or used to power more sophisticated multi-leg strategies.

Professional-Grade Tools on-chain

* Advanced Order Types: Limit, market, and stop-loss orders provide traders with the precision they need to execute trades effectively.

* Unwind and Exercise Features: Traders can seamlessly unwind or exercise their options positions when desired.

* Multi-Leg Strategy Builder (Coming Soon): Easily combine multiple options and futures positions to create complex investment strategies.

* Open API Access: Developers can integrate PowerDEX’s liquidity and advanced options features into their own projects.

PowerDEX vs. Traditional & Crypto-Native Venues

Foundational Vision & Market Opportunity

Founded on the thesis that the crypto options market is poised for explosive growth, PowerTrade has consistently pushed the frontier of altcoin derivatives. While perpetual futures currently dominate 71% of crypto trading volume (≈ $690 billion daily), options represent only 2-3% ($20-30 billion).

With PowerDEX’s launch on Solana, PowerTrade tackles the three core barriers that have historically stymied altcoin options:

* Limited Interest: Only a handful of altcoin options are currently available, typically with low volumes and limited market-making activity.

* High Fees and Slow Speeds: Existing platforms charge high trading fees and offer slow transaction speeds, impacting user engagement and profitability.

* Lack of Advanced Options Products and Strategies: Most DeFi options platforms lack the professional-grade features and sophisticated options payoffs demanded by institutional and pro-level traders.

“We aim to become the premier altcoin options venue in both centralized and decentralized ecosystems,” added Lozada. “Our goal is to provide the best possible trading experience for both professional and retail traders, and we are excited to continue expanding our offerings in the months to come.”

What Traders Can Do Today on PowerDEX Solana

* Trade 80+ altcoin options, including major and meme coins.

* Access 0DTEs, weekly expiries, and maturities up to six months.

* Open positions with as little as $500 in collateral.

* Use advanced order types like limit, market, and stop-loss.

* Unwind or exercise options positions at any time.

* Easily integrate PowerDEX into defi projects via the open API.

Looking Ahead

With PowerDEX now live on Ethereum, Base, and Solana, PowerDEX is on track to support 150+ options markets by Q3 2025. Upcoming features include:

* 10-minute and 1-hour BTC options

* Multi-leg strategy builder

* Integration with leading Solana DeFi protocols

About PowerDEX

PowerDEX is a leading crypto trading and investment platform specializing in options and related products, with a focus on empowering clients to grow and protect capital through innovative financial solutions. Founded by veterans of Merrill Lynch, Credit Suisse, Lehman Brothers, and Bloomberg, PowerTrade’s mission is to become the premier altcoin options venue in both centralized and decentralized ecosystems.

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