July 29, 2026·Bullish·exchange activity

Solana DEX PhoenixTrade Hits $70M Daily Volume After Flight Club Launch

Solana-based perpetuals DEX PhoenixTrade hit a new all-time high of nearly $70 million in 24-hour trading volume and over $10 million in open interest after launching Flight Club, a four-week rewards program to incentivize trading.

Detected & updated continuously · Source: Nebula

Mentioned

@PhoenixTrade

Sources

@SolanaFloor

NEWS: Solana perps DEX @PhoenixTrade hit new all-time highs with nearly $70M in 24-hour trading volume and over $10M in open interest. The surge came following the launch of Flight Club, a four-week program distributing 420,000 USDC in rewards to active traders. https://t.co/lSaOkojFA3