GMGN Expands Meme Trading Platform into Perpetuals with Public Beta
GMGN has rolled out the public beta of its perpetual trading product, expanding its multi-chain platform beyond meme coins. The launch includes markets such as Bitcoin, Ethereum, Solana, and Zcash, with liquidity provided by third-party market makers.
The initial markets will have a 0.045% taker fee and 0.015% maker fee, with promotional trading credits potentially offered during the public beta period. GMGN has invested in infrastructure and personnel to support the derivatives rollout.
The expansion comes amid growing onchain derivatives activity, with Hyperliquid recording $10.45 billion in USD perpetual volume in September. The launch also arrives as regulatory frameworks for crypto derivatives evolve, including recent CFTC no-action relief for designated contract markets converting perpetual-style futures into true digital commodity perpetual futures.