July 11, 2026·Bullish·tech development

PhoenixTrade to Use Solana Tokens as Collateral

PhoenixTrade announced an upgrade allowing traders to use SOL and other tokens as collateral for positions, leveraging Solana's spot liquidity. The feature aims to enhance capital efficiency by utilizing DeFi assets directly on the platform.

Detected & updated continuously · Source: Ruma

Mentioned

@PhoenixTrade

Sources

@jarxiao

The next major feature upgrade to @PhoenixTrade will finally leverage @solana DeFi's greatest asset: spot liquidity. Traders will soon be able to post SOL and other tokens as collateral for their positions. A few caveats before I dive in: - I hate announcing things before they