They won’t teach you this in school, but we are going to let you in on this secret anyway.
Building on Solana changes your life & maxxes your aura.
Idle stables have traditionally gone into lending for yield.
But perpetual markets create another source: funding.
Nuke turns funding into delta-neutral yield, without taking directional exposure.
Today, we’re excited to partner with @PhoenixTrade , bringing Phoenix markets into Nuke’s execution layer.
We’re building the yield layer for perpetual markets.
Phoenix reached over $1.3B in perp volume, averaging around $50M daily since introducing their rewards program.
Look at what incentives can do.
Amazing work
Perps on Solana are growing rapidly. Take @PhoenixTrade for example:
Volume:
24h - $58,49m
7d - $154,13m
30d - $262m
Cumulative - $1,092b
Fees:
24h - $13,430
7d - $33,287
30d - $60,028
Cumulative - $267,274
This increase comes off the back of the launch of "fight club" - 4 weeks. 420,000 USDC to Phoenix traders.
Frontier Traders members are eligible for an additional $25,000 prize pool on top of existing Flight Club daily rewards.
perps on solana just had their strongest quarter of 2026.
trading volume reached $183.2B in Q2, up nearly 60% from the previous quarter and setting a new high for the year.
if this is the first half of 2026, imagine what the second half will look like
Users will soon be able to directly swap their USDC collateral for SOL through @SolFiAMM via @JupiterExchange on @PhoenixTrade.
No other DEX can leverage a liquid spot market and instantly settle collateral.
Phoenix can do both because it's fully on-chain.
All eyes on equity perps today 👀
$MSFT
$META
$HOOD
$QCOM (call 4:45PM ET)
$ARM (call 5:00PM ET)
Trade these on @PhoenixTrade in the newest campaign on Frontier Traders (and stack with Flight Club)