GMGN has launched the public beta of its perpetual futures product, pushing one of the largest meme coin trading platforms into leveraged derivatives.
GMGN's Haze said the beta already supports markets including BTC, ETH, SOL and ZEC against USDC, with liquidity provided by third-party market makers. Fees are set at 0.045% for takers and 0.015% for makers.
GMGN is also offering a 3.5% annualized return on account balances and plans to roll out promotional trading credits for perpetuals during the beta.
The move carries GMGN beyond its meme coin roots into the crowded perpetual DEX arena, where it will compete with established venues for derivatives flow while leaning on its existing base of meme coin traders.
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