Solana logs US$147B futures volume record in Q2 2026

• Solana (CRYPTO:SOL) recorded US$147 billion in perpetual futures trading volume in the second quarter of 2026, marking a new all-time high for the network.
• The Q2 figure brings total perpetual futures volume across Solana venues to US$255.6 billion for the first half of 2026.
• That represents a 57.1% year-on-year increase, compared to Hyperliquid's (CRYPTO:HYPE) 6.4% growth over the same period.

Drift Protocol, which operates a hybrid model combining a central limit order book with a virtual automated market maker, was one of the primary protocols driving the volume surge.

Jupiter Perps, built on top of Solana's largest aggregator, also contributed significantly by leveraging its existing user base that already routes token swaps through the Jupiter interface.

Solayer launched its Margin Trade mainnet on 3 June 2026, expanding perpetual futures access to crypto, commodities, and equity-index contracts on the Solana network.

Solana's stablecoin supply reached an all-time high of US$16.6 billion in Q2 2026, reflecting broader ecosystem growth beyond derivatives.

Tokenised equity volume on Solana reached US$4.9 billion in the first half of 2026, a sixfold increase from the second half of 2025.

Over 95% of all cross-chain tokenised equity volume now flows through the Solana network.

Drift Protocol, Jupiter Perps, and Solayer all generate fee revenue from the trading activity passing through their respective platforms.

The figures highlight a widening gap between Solana and Hyperliquid (CRYPTO:HYPE) in the on-chain perpetual futures market.

At the time of reporting, Solana price was $78.40.