The Solana Foundation has launched a "VIP Frontier Traders" program for institutional and professional traders active in emerging asset markets.
VIP status requires meeting both criteria: more than $500 million in on-chain trading volume over the past 30 days and more than $16 million in open interest. Qualified participants are offered priority access to the Asset Express program, premium remote procedure call (RPC) access and invitations to exclusive events.
Even those who do not meet the VIP criteria can take part in spot and perpetual futures trading activity.
Frontier Traders follows on from an institutional recruitment program the Solana Foundation began in February this year.
The goal is to draw hedge funds and crypto-native trading teams into the Solana DeFi ecosystem.