PowerDex Expands to Solana: Bringing Altcoin Options Trading to the Next Frontier of DeFi

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 Solana deployment unlocks lightning-fast, low-cost on-chain trading for a new wave of professional and retail traders for altcoin options.

“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

1. Ultra-Low Latency & Transaction Cost

Solana’s high-throughput architecture enables PowerDex users to execute complex options strategies in under 400ms, with transaction fees averaging a fraction of a cent. Traders can focus on market opportunities rather than battling network congestion or high gas costs.

2. 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.

3. Deep Liquidity Across 80 Altcoin Markets

Leveraging PowerTrade’s industry-leading liquidity infrastructure, PowerDex Solana supports over 80 unique altcoin options markets 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.

4. Ultra-short-term Option Products

PowerDEX launched a 10minute and 1 hour BTC option, the first of its kind in crypto and traditional finance markets. There is no other exchange offering this type of products which caters to retail and crypto degen traders. We will be rolling out these products across altcoin markets in due course.

5. Multi-Collateral Flexibility

Users can post collateral in USDC, SOL and other supported tokens. Idle holdings become productive, as collateral can be deployed to earn yield or used to power more sophisticated multi-leg strategies.

6. Professional-Grade Tools on-chain

• RFQ & Block Trades: Request-for-Quote functionality powered by AI/LLM technology directly on Solana.
• Multi-Leg Strategy Builder: Construct up to 10-leg option structures—like butterflies or iron condors—atomically on-chain.
• SPAN Margin Engine: Optimizes collateral requirements across your entire portfolio, reducing capital drag and maximizing leverage efficiency.

PowerDex vs. Traditional & Crypto-Native Venues

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:

1. Diversity of Offerings: A single venue offering deep coverage across over 150 markets—Solana adds one more high-performance chain to the roster.
2. Pricing & Liquidity Complexity: Decades of TradFi expertise combined with sophisticated risk engines power reliable pricing and on-chain market-making.
3. High Capital & Technical Barriers: By abstracting the complexity of collateral management, margin, and risk, PowerDex invites both newcomers and professionals to

What Traders Can Do Today on PowerDex Solana

• Hedge Altcoin Positions: Use puts to protect long SOL or other token investments from downside risk.
• Income Generation: Sell covered calls on SOL while earning premium income in
• Directional Bets: Deploy call spreads or long calls to capitalize on rallies in emerging
• Complex Strategies: Build calendar spreads, iron condors, or custom multi-leg trades with intuitive on-chain tools.
• Yield Enhancement: Collateralize idle tokens to provision liquidity and earn delta-1 spreads—targeting 20–30% annualized returns.

Looking Ahead

With PowerDex now live on Ethereum, Base, and Solana, PowerDEX is on track to support 150+ options markets by mid-2025. Upcoming features include:

• Structured Products Launch: Automated yield-bearing derivatives for retail
• Expanded Settlement Currencies: Adding more multi-collateral

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 & trade:

🔗 PowerDex on Solana