Search results for Solana Virtual Machine
Crypto
Solayer launches mainnet for onchain perpetual futures platform Margin Trade
Solayer, a high-performance layer-1 blockchain based on the Solana Virtual Machine, has launched the mainnet for its onchain perpetual futures trading platform, Margin Trade. The platform lets users trade cryptocurrencies, commodities and stocks through a single margin account, supporting major crypto perpetuals, commodities such as gold, silver and crude oil, and a synthetic index called MT500. It also offers Pearl Research perpetual futures with up to 3 times leverage.
Crypto
Solayer launches Visa-compatible card supporting USDC payments
Layer 1 blockchain Solayer has launched a Visa-compatible physical card that allows users to pay using their USDC balances, Cointelegraph reported on May 15. The card supports online, in-store and contactless payments, and allows ATM withdrawals in supported regions. Users can apply through the Solayer Pay app. Existing users can receive the card for free, while new users must pay a $20 annual activation fee.
Crypto
SVM-based blockchain Solayer to launch $35 million ecosystem fund
Layer 1 blockchain Solayer plans to launch a $35 million ecosystem fund, The Block reported on Jan. 20. The fund aims to support ultra-fast blockchain scaling using the InfiniSVM engine based on the Solana Virtual Machine, the report said. Solayer said it processed 330,000 transactions per second on its alpha mainnet and achieved 400-millisecond finality. It plans to prioritise projects with clear revenue models.
