GMXSOL launches RWA perpetual contract for S&P 500 ETF, powered by Chainlink.

GMXSOL, a Solana-based decentralized exchange protocol, has launched its first real-world asset perpetual contract for the S&P 500 ETF. The contract will be powered by Chainlink, which recently unveiled Data Streams for U.S. equities and ETFs. This move comes amid growing demand for tokenized real-world assets, with forecasts predicting the global sector to reach $30 trillion by 2030.

Title: GMXSOL Launches First Real-World Asset Perpetual Contract for S&P 500 ETF

July 02, 2025 — GMXSOL, a Solana-based decentralized exchange protocol, has made a significant move by launching its first real-world asset perpetual contract for the S&P 500 ETF. The contract, which will be powered by Chainlink, is a strategic integration that aims to tap into the growing demand for tokenized real-world assets.

The perpetual contract for the SPY/USD pair, which tracks the S&P 500 index, is set to be a game-changer for the DeFi space. The S&P 500 ETF, listed on NYSE Arca under the ticker symbol SPY, is one of the most liquid exchange-traded funds tracking the benchmark U.S. index. It represents a portfolio of the 500 companies included in the S&P 500.

Chainlink's Data Streams, which provide real-time, reliable market data for U.S. equities and ETFs across 37 blockchains, will power the GMXSOL contract. This integration enables accurate and decentralized pricing for tokenized assets, addressing pricing gaps and stale data issues during traditional market off-hours.

The launch of this perpetual contract comes at a time when the global real-world asset sector is forecast to reach $30 trillion by 2030. As of August 8, 2025, the total onchain value of tokenized assets exceeds $25.4 billion, with asset holders increasing by more than 17% over the past 30 days.

GMXSOL's move is part of a broader trend within the crypto regulatory landscape, where the U.S. Securities and Exchange Commission chair Paul Atkins recently launched "Project Crypto" to bring America’s capital markets onchain. This initiative is aimed at integrating blockchain technology into traditional financial systems.

The integration with Chainlink's Data Streams is a significant step for GMXSOL, reflecting the protocol's commitment to providing secure and accurate market data. This move aligns with the growing adoption of tokenized assets across various DeFi platforms.

As DeFi protocols like GMX and Kamino have already adopted Chainlink Data Streams, the launch of the S&P 500 ETF perpetual contract by GMXSOL is expected to enhance the reliability and liquidity of tokenized assets. This development supports the expanding tokenization trend, positioning Chainlink as a key infrastructure provider in the future of digital finance.

References:
[1] https://crypto.news/gmxsol-launches-first-rwa-perpetual-contract-for-sp-500-etf/
[2] https://en.coinotag.com/chainlink-data-streams-could-enhance-real-time-pricing-for-tokenized-u-s-equities-and-etfs-across-blockchains/