Trading
Venues
The same market can trade in more than one place on Solana. The terminal shows them side by side and you choose where an order goes.
Which venues
| Venue | How it trades |
|---|---|
| Phoenix | An order book. The book, the tape and resting orders in the terminal are Phoenix's |
| Jupiter Perps | Against a pool, at the oracle price |
| GMX-Solana | Against a pool, at the oracle price |
Choosing
Venues in the bar opens the comparison: price, funding and open interest for the market on each venue. Turn a venue on or off, or put one first; the order block follows your choice. You can also say it in the bar: "use Jupiter first".
Whichever venue an order goes to, it is that venue's own program and your wallet signs it.