Solana Foundation launches Frontier Traders rewards program for pro traders
- —The program covers 16 venues that account for more than 90% of Solana's spot and perpetual volume
- —Rebates range from 0.001% to 0.005% depending on VIP tier
- —Minimum entry threshold is $10 million in volume over 30 days, top tier starts at $5 billion per month
- —More than 2,000 traders joined shortly after launch
Why it matters: The program reduces the outflow of pro traders to CEXs and subsidizes liquidity on Solana, intensifying DEX competition with centralized exchanges.
Source: Crypto Briefing
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