# Ocelot Opens Solana Beta for Leveraged Tokens Linked to Crypto, Stocks and Commodities By John Kim Canonical URL: https://www.tokenpost.com/news/business/48362 Published: 2026-11-04T08:47:56.000Z Updated: 2026-11-04T08:47:56.000Z Section: Business > Users can hold the long and short products in crypto wallets. Each beta token is capped at $4,000 in total value locked, and the platform is unavailable to U.S. users. Ocelot opened beta trading on Solana on Nov. 3 for leveraged tokens linked to cryptocurrencies, stocks and commodities. The platform is unavailable to U.S. users. The tokens represent managed positions tied to movements in their linked markets. Long products are designed to gain when those markets rise, while short products are designed to gain when they fall. Both can lose value when a market moves against the position. Solana is a blockchain network for digital assets and applications. Phoenix Trade provides the beta’s on-chain order book. Each beta token is capped at $4,000 in total value locked. The launch adds a wallet-held product to Solana’s leveraged trading market. [GMX’s Solana venue recorded $25 billion in October trading volume](), its highest monthly total since June. GMX operates a platform focused on leveraged perpetual contracts, while Ocelot’s products take the form of tokens held in a wallet. ## Links in this article - [GMX’s Solana venue recorded $25 billion in October trading volume](https://www.tokenpost.com/news/investing/47672)