GMXSOL, the Solana-based decentralized leveraged buying and selling platform, has launched its first real-world asset perpetual contract for the exchange-traded fund that tracks the S&P 500.
Abstract
- Solana-based decentralized trade protocol GMXSOL has launched a perpetual contract for the S&P 500 ETF.
- Chainlink will energy the RWA perpetual contract, having not too long ago unveiled the Chainlink Information Streams for U.S. equities and ETFs.
Decentralized finance protocol GMXSOL, which is constructed on the Solana (SOL) blockchain, debuted the real-world property perpetual contract marketplace for the S&P 500 ETF on Friday, Aug. 8. The perpetual contract for the SPY/USD pair can be powered by Chainlink (LINK), GMXSOL stated.
The S&P 500 ETF, listed on NYSE Arca below the ticker image SPY, is among the most liquid exchange-traded funds monitoring the benchmark U.S. index. It represents a portfolio of the five hundred corporations included within the S&P 500.
GMXSOL’s transfer comes amid rising demand for tokenized real-world property. Forecasts put the worldwide real-world asset sector on observe to succeed in $30 trillion by 2030. As of August 8, 2025, the full onchain worth of tokenized property exceeds $25.4 billion, with asset holders growing by greater than 17% over the previous 30 days.
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U.S. equities and ETFs onchain
Main developments inside the crypto regulatory panorama, together with the landmark stablecoin regulation GENIUS Act, is buoying buyers. The U.S. Securities and Change Fee chair Paul Atkins not too long ago launched “Undertaking Crypto” because it seems to be to carry America’s capital markets onchain.
GMXSOL is among the DeFi protocols eyeing enlargement on this house, with a significant step being the strategic integration with Chainlink.
Just lately, Chainlink unveiled its Information Streams for the U.S.-listed equities and ETFs. On-chain perpetual and spot trade GMX, which permits for buying and selling of BTC, ETH and SOL perpetual futures with as much as 100x leverage, and DeFi protocol Kamino, have additionally adopted Chainlink Information Streams to faucet into real-time pricing for high shares and ETFs.
Tokenized property out there to merchants throughout the platforms embody SPY, CRCL, QQQ, NVDA and AAPL. Chainlink’s Information Streams are reside throughout 37 blockchain networks.
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