Precious Metals Trading Surpasses 10% Volume on Solana's Pacifica Platform

Precious Metals Shine on Pacifica Platform

On January 30, official data from Pacifica, a Solana-based perpetual contract platform, revealed strong trading activity in gold and silver contracts. PAXG (on-chain gold) and XAU (on-chain silver) ranked sixth and eighth by trading volume, together accounting for 9.36% of the platform’s total 24-hour trading volume, equivalent to approximately $8.71 million. Open interest from these contracts made up around 7.13%, or $5.03 million.

Top Traders Accumulate Profits with Precious Metals

Monitoring reports show that leading traders on Pacifica have increasingly allocated positions in precious metals such as PAXG and XAG (on-chain silver) while generating significant profits. This growing interest has further fueled market activity.

Follow Top Traders to Earn Rewards

Users can utilize the on-chain copy-trading tool Coinbob Pacifica (@CoinbobPAC_bot) to mirror trades from top performers, earning profits while accumulating Pacifica platform points in anticipation of potential airdrops.