SOL: Solana Perps

SOL is a perpetual futures contract on Polymarket that tracks the price of Solana (SOL). It lets you go long or short on SOL using pUSD as collateral, with no expiry date, so you can hold your position as long as you want. Right now, SOL is trading at $110.06, down 4.48% in the last 24 hours.

You can trade SOL with up to 20x leverage on Polymarket. The default margin mode is Isolated. For example, with 20x leverage and a $1,000 position, you're controlling $20,000.00 worth of SOL. Higher leverage amplifies both gains and losses, and at current settings, a 20x long position would have a liquidation price around $107.16.

SOL uses two prices. The oracle price (110.06) reflects Solana's real-time spot price from external data feeds. The mark price (109.98) is Polymarket's calculated fair value used for P&L and liquidations. Right now, the spread between mark and oracle is just $0.08 (0.07%), which means the contract is tracking SOL's spot price very closely. A funding rate of -0.0023% is applied every 0:15:46 to keep these prices aligned.

Yes. On the SOL trading page, select Short at the top of the order panel, set your amount and leverage (up to 20x), and hit Trade. You'll profit when SOL's price drops.

In the last 24 hours, SOL has done $3,684,807.80 in trading volume with $796,887.04 in open interest. The order book is currently showing $3,684,807.80 in total volume. You can view the full order book depth directly on the SOL page by expanding the Order book section.