GMXSOL Launch Perpetual S&P 500 ETF Contract for Solana

Published: 2025-08-08 16:59:14 |

GMXSOL don launch dia first real-world-asset (RWA) perpetual S&P 500 ETF contract (SPY/USD) for the Solana blockchain. Dis perpetual S&P 500 ETF contract begin to dey work from August 8, 2025, e dey use Chainlink Data Streams for real-time SPY price. Dis move na to meet the growing demand for tokenized real-world assets. The global RWA sector dey expected to reach $30 trillion by 2030, and on-chain tokenized assets climb to $25.4 billion, up 17% last month. With Chainlink feeds inside, GMXSOL fit give correct, low-latency prices. The platform use Solana’s fast throughput and cheap fees to give smooth trade experience. Traders fit now get leveraged SPY/USD positions without to rely on centralized middle men. Dis perpetual S&P 500 ETF contract fit bring new money enter DeFi and change how capital dey flow between traditional and decentralized markets. The launch fit well with US regulatory moves like the GENIUS Act and SEC’s Project Crypto wey dey try bring traditional markets on-chain.

Bullish

Dis news good for Solana (SOL). For short time, when dem launch perpetual S&P 500 ETF contract for Solana, e go fit boost network work and trading volume, make demand for SOL to pay transaction fees go up. For long time, GMXSOL dey use Chainlink Data Streams bring regulated equity derivatives on-chain fit make institutional and retail investors waka enter Solana ecosystem. If dem expand use cases for real-world asset contracts and DeFi liquidity dey rise, e fit help SOL adoption and make price stable over time.