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🚨News: As https://t.co/VS31GZ3dMY Saturates, @thearenatrade Brings Solana Meme Coin Shorting Solution to Overcrowded Market https://t.co/R1MAAOGppB
Long or short any token on @solana with leverage on @thearenatrade. On-ramp via Meso ✨ https://t.co/KYInfS50RO https://t.co/UbKmqDsG4E
already seeing some very juicy yields for stable deposits on @thearenatrade 🥵 the arena is built on top of @marginfi borrow/lend primitives and lending rates are supercharged by borrow activity in leveraged trading. this is a great opportunity for those looking to farm yield… https://t.co/M8SyvGKrwk
The Arena, a new trading platform powered by marginfi, has launched, allowing public access for users to long or short newly created meme coins on the Solana blockchain with leverage. The platform opens up leveraged trading for any new token on Solana, providing traders with the opportunity to engage in high-risk, high-reward strategies. Initially, 15 meme coins will be listed for trading, with more permissionless listings expected soon. The Arena is built on top of marginfi's borrow/lend primitives, enhancing lending rates through leveraged trading activities. This development is seen as a significant opportunity for traders looking to capitalize on the volatile meme coin market. Users can on-ramp via Meso.