The Rise of Meme Perps: A New Frontier in On-Chain Liquidity
Thursday,19/12/2024|10:03GMTby
FM
Who are the prime movers in this new landscape of on-chain liquidity and meme perps?
Of all the developments in crypto trading, the trend towards on-chain liquidity is one of the most consequential, allowing projects to prove their financial health with unprecedented transparency.
This evolution represents a fundamental shift from traditional centralized exchange (CEX) dominance to more decentralized trading mechanisms, particularly in the fast-growing meme token sector.
Into this milieu, meme perpetual contracts – meme perps – have emerged as a sophisticated trading instrument enabling speculation on memecoin prices without expiration dates. By granting traders this kind of exposure to the volatile but potentially lucrative meme token market, meme perps have become a hot commodity, particularly on the Solana network.
A Meme Trading Hub
Solana’s status as a premier destination for meme token trading is easy to understand in light of the blockchain’s impressive scalability (over 65,000 tps) and low transaction costs.
This year, the ecosystem’s growth has been largely attributable to the success of Pump.fun, a one-click meme coin launchpad that facilitated over a million token launches within its first year.
For better or worse, the perception of meme coins as the assets most likely to 100x or 500x has remained intact, leading many individuals and enterprises to launch their very own memecoins in the hope of sucking in liquidity. While Solana is much more than a playground for memes, its meme market cap now sits at an impressive $18.6 billion.
So, who are the prime movers in this new landscape of on-chain liquidity and meme perps?
Leading Platforms Shaping the Meme Perps Market
Orderly Network
Orderly Network has positioned itself as a pillar of the meme perps ecosystem by launching a cross-chain orderbook on Solana, marking the first time EVM and non-EVM orders have been combined into a single perps orderbook.
The network’s sophisticated infrastructure combines advanced trading capabilities with robust liquidity provision, enabling seamless integration for various market participants through a comprehensive SDK.
With over $65 billion in cumulative trading volume, more than 400,000 on-chain users, and connections to multiple major chains, Orderly Network demonstrates the growing maturity of the meme perps market. Indeed, its orderbook integrates over 30 DEXs and 73 trading perps, enabling Solana traders to enjoy omnichain DeFi trading for the first time.
LI.FI
LI.FI’s expansion from Phantom to Solana earlier this year saw it facilitate millions in trading volume between Solana and EVM chains, significantly deepening on-chain liquidity and supercharging cross-chain trading.
Its integration with Jupiter (the blockchain’s top aggregator) and leading Solana bridges like Mayan and Circle CCTP has meanwhile created a comprehensive solution for those looking to jump on the meme perps bandwagon. Interestingly, LI.FI’s growing network of liquidity sources includes DEXs, bridges, solvers, and aggregators.
Anoma
Anoma represents a particularly innovative approach to meme perps trading, its distributed operating system simplifying complex transactions through a novel intent-based architecture.
For the uninitiated, intent-based architecture sees a network of specialized ‘solvers’ compete to execute user objectives. By letting users define their objectives/intents rather than specific transactions, and for solvers to quickly execute complex transactions on their behalf (including on the behalf of meme perp traders), this model effectively abstracts away technical complexities and improves transaction efficiency.
After four long years of research and development, Anoma is getting ready to open its doors to builders in 2025.
Risky Business
It should come as a surprise to no-one that trading meme perps carries the same inherent risks as trading memecoins, generally. Death, taxes and the high volatility of memecoins seem like three cast-iron laws of the universe!
That being said, the future of this category seems bright, particularly with infrastructure evolving and institutional interest on the march. The ongoing integration of cross-chain solutions such as those mentioned above, as well as the deepening of on-chain liquidity, suggests the sector will play an increasingly important role in the broader DeFi ecosystem.
Indeed, it’s not difficult to imagine meme perps becoming a standard component of crypto trading portfolios, particularly for those seeking exposure to what remains a very lucrative, albeit unpredictable, market.
Of all the developments in crypto trading, the trend towards on-chain liquidity is one of the most consequential, allowing projects to prove their financial health with unprecedented transparency.
This evolution represents a fundamental shift from traditional centralized exchange (CEX) dominance to more decentralized trading mechanisms, particularly in the fast-growing meme token sector.
Into this milieu, meme perpetual contracts – meme perps – have emerged as a sophisticated trading instrument enabling speculation on memecoin prices without expiration dates. By granting traders this kind of exposure to the volatile but potentially lucrative meme token market, meme perps have become a hot commodity, particularly on the Solana network.
A Meme Trading Hub
Solana’s status as a premier destination for meme token trading is easy to understand in light of the blockchain’s impressive scalability (over 65,000 tps) and low transaction costs.
This year, the ecosystem’s growth has been largely attributable to the success of Pump.fun, a one-click meme coin launchpad that facilitated over a million token launches within its first year.
For better or worse, the perception of meme coins as the assets most likely to 100x or 500x has remained intact, leading many individuals and enterprises to launch their very own memecoins in the hope of sucking in liquidity. While Solana is much more than a playground for memes, its meme market cap now sits at an impressive $18.6 billion.
So, who are the prime movers in this new landscape of on-chain liquidity and meme perps?
Leading Platforms Shaping the Meme Perps Market
Orderly Network
Orderly Network has positioned itself as a pillar of the meme perps ecosystem by launching a cross-chain orderbook on Solana, marking the first time EVM and non-EVM orders have been combined into a single perps orderbook.
The network’s sophisticated infrastructure combines advanced trading capabilities with robust liquidity provision, enabling seamless integration for various market participants through a comprehensive SDK.
With over $65 billion in cumulative trading volume, more than 400,000 on-chain users, and connections to multiple major chains, Orderly Network demonstrates the growing maturity of the meme perps market. Indeed, its orderbook integrates over 30 DEXs and 73 trading perps, enabling Solana traders to enjoy omnichain DeFi trading for the first time.
LI.FI
LI.FI’s expansion from Phantom to Solana earlier this year saw it facilitate millions in trading volume between Solana and EVM chains, significantly deepening on-chain liquidity and supercharging cross-chain trading.
Its integration with Jupiter (the blockchain’s top aggregator) and leading Solana bridges like Mayan and Circle CCTP has meanwhile created a comprehensive solution for those looking to jump on the meme perps bandwagon. Interestingly, LI.FI’s growing network of liquidity sources includes DEXs, bridges, solvers, and aggregators.
Anoma
Anoma represents a particularly innovative approach to meme perps trading, its distributed operating system simplifying complex transactions through a novel intent-based architecture.
For the uninitiated, intent-based architecture sees a network of specialized ‘solvers’ compete to execute user objectives. By letting users define their objectives/intents rather than specific transactions, and for solvers to quickly execute complex transactions on their behalf (including on the behalf of meme perp traders), this model effectively abstracts away technical complexities and improves transaction efficiency.
After four long years of research and development, Anoma is getting ready to open its doors to builders in 2025.
Risky Business
It should come as a surprise to no-one that trading meme perps carries the same inherent risks as trading memecoins, generally. Death, taxes and the high volatility of memecoins seem like three cast-iron laws of the universe!
That being said, the future of this category seems bright, particularly with infrastructure evolving and institutional interest on the march. The ongoing integration of cross-chain solutions such as those mentioned above, as well as the deepening of on-chain liquidity, suggests the sector will play an increasingly important role in the broader DeFi ecosystem.
Indeed, it’s not difficult to imagine meme perps becoming a standard component of crypto trading portfolios, particularly for those seeking exposure to what remains a very lucrative, albeit unpredictable, market.
Beyond the Prompt: Solitics’ VP Product, Guy Shemer Exposes ‘Traditional’ AI Flaws and Reveals New Product: the AI Expert
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official