Ocelot Opens Solana Beta for Leveraged Tokens Linked to Crypto, Stocks and Commodities

Ocelot opened beta trading on Solana on Nov. 3 for leveraged tokens linked to cryptocurrencies, stocks and commodities. The platform is unavailable to U.S. users. The tokens represent managed positions tied to movements in their linked markets. Long products are designed to gain when those markets rise, while short products are designed to gain when they fall. Both can lose value when a market moves against the position. Solana is a blockchain network for digital assets and applications. Phoenix Trade provides the beta’s on-chain order book. Each beta token is capped at $4,000 in total value locked.