PowerTrade, the leading crypto options trading and investment platform, is proud to announce 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 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
PowerDEX vs. Traditional & Crypto-Native Venues
Feature | PowerDEX (Solana) | TradFi Exchanges | Crypto Exchanges |
Altcoin Coverage | 80+ markets / 100K+ contracts | Limited (BTC/ETH) | Very Limited |
Tx Speed | 400> | Seconds-minutes | Seconds-minutes |
Settlement | On-chain, transparent | Off-chain | Partial |
Collateral | USDC, SOL | Cash only | Single token |
Margin Engine | Portfolio SPAN | Varies | Basic |
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:
What Traders Can Do Today on PowerDEX Solana
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:
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.
Learn more and start trading: https://dex.power.trade/