Colosseum Announces Native Solana Perpetual Futures DEX Launch

The announcement says Colosseum plans to introduce a decentralized exchange on Solana focused on perpetual futures (crypto derivatives without expiry).

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Summary

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Terms & Concepts
  • Perpetual futures: Crypto derivatives contracts with no expiration date, typically using funding payments to keep prices close to the spot market.
  • DEX: A decentralized exchange that lets users trade directly on blockchain-based infrastructure without a traditional intermediary.
  • Solana: A blockchain network designed for high-speed and low-cost applications, widely used for decentralized finance activity.