GMGN launches public beta for perpetual trading product
Summary
GMGN, one of the largest meme coin trading platforms, has launched the public beta of its perpetual trading product, according to co-founder Haze. This new offering includes trading pairs such as BTC/USDC and ETH/USDC, with liquidity supported by third-party market makers, a common practice in the industry for enhancing market depth and execution. The platform charges fees of 0.045% for takers and 0.015% for makers, while also providing a mechanism for a 3.5% annualized return on account funds, along with plans for promotional trading credits. This expansion into perpetuals reflects a growing trend among meme trading terminals to extend beyond spot markets and enhance user trading capabilities.
Tokens
$BTC$ETH$SNDK$SOL$ZEC$USDC
Analysis
GMGN: GMGN operates as a multi-chain memecoin trading terminal offering discovery tools, contract screening, and execution across supported blockchains through web, app, and Telegram interfaces. It recently entered public beta for perpetual contracts trading, with co-founder Haze confirming the rollout of markets including major crypto pairs. The platform now extends its meme-focused tools into derivatives with third-party liquidity provision. Haze: Haze serves as co-founder of GMGN, handling branding, community operations, sales, and public announcements for the platform. He recently confirmed the launch of GMGN's perpetual trading public beta, detailing features such as supported markets and fee structures. Haze has positioned himself as the primary external voice for the company's product developments. Product Expansion: Meme trading terminals are extending beyond spot markets to include perpetual futures to broaden user trading capabilities. Liquidity Sourcing: New perpetual products on trading platforms frequently rely on third-party market makers for depth and execution.
Categories
cryptodefihyperliquidperps
Related sources
- https://x.com/i/status/2102067681264558530
- https://www.techflame.com/article?id=126154&type=1
- https://www.panews.io/articles/13ei6y5c1ft1
- https://gmgn.ai/blog/best-meme-coin-trading-platforms-2026/
- https://coincodecap.com/gmgn-review
- https://www.wublock123.com/news/gmgn-cofounder-haze-launches-perpetual-futures-beta-68741
- https://www.panews.io/articles/01a0c3d3-f2e8-72c2-b9a8-b8cce68692f6
- https://x.com/i/status/2102059122304647486
- https://www.techflowpost.com/en-US/newsletter/137155
- https://www.datawallet.com/crypto/gmgn-explained
- https://www.ababnews.com/depth/gmgnai-meme-cex
- https://phemex.com/news/article/gmgn-cofounder-haze-burns-entire-sci6900-token-holdings-25412
- https://www.theblockbeats.info/flash/368252
- https://x.com/i/status/2102005585839321451
- https://iq.wiki/wiki/gmgn
- https://gmgnguide.com/ecosystem/what-is-gmgn
- https://phemex.com/news/article/gmgn-launches-public-beta-for-perpetual-contracts-trading-97350