# GMX’s Solana Venue Records $25 Billion in October Trading Volume

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/47672
Published: 2026-11-03T12:48:10.000Z
Updated: 2026-11-03T12:48:10.000Z
Section: Investing

> The total was the venue’s highest monthly volume since June and exceeded that of other perpetual decentralized exchanges on Solana.

GMX’s Solana venue, gmtrade_xyz, recorded $25 billion in trading volume in October. The total was the venue’s highest monthly volume since June and exceeded that of other perpetual decentralized exchanges on Solana.

GMX operates a decentralized trading platform focused on leveraged perpetual contracts. It has also enabled Builder Fees on Solana, which let third-party developers charge fees for eligible position orders routed through their interfaces or tools.