In brief
- Solana Labs’ Leap launched a beta mobile app for trading tokenized stocks, ETFs, metals, currencies and crypto, available in early access on iPhone.
- The app curates market-moving news on price charts and tracks detailed profit and loss, with trades routed through Jupiter.
- Leap charges no fees at launch but plans to use future fees to buy and burn SOL and fund a referral program.
Solana Labs is betting the network’s next wave of traders wants more than meme coins.
Leap, a new company under Solana Labs, launched a beta of its mobile trading app Thursday, letting users trade tokenized stocks, ETFs, metals, currencies, and crypto in one place, around the clock and subject to restrictions.
The app is available in early access on iPhone through Apple’s public TestFlight program, with an Android version coming soon. It isn’t available in the U.K. or other restricted regions.
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Leap is built by the team behind Dialect, which Solana Labs acquired earlier this year. Dialect developed Solana Actions and Blinks, a protocol that turns blockchain transactions into shareable links, which launched in 2024, as well as the cashtags feature on X.
The company is pitching the app as an alternative to fast-paced meme coin trading, aimed at people who want to make better-informed decisions over the long term. Its research team curates market-moving news and pins each story to the price chart at the moment it broke.
The app tracks profit and loss across every deposit, withdrawal, trade and fee, including each position’s breakeven price. Users enter an amount in dollars, and each trade executes as an onchain swap.
Leap uses Jupiter for trade routing, Helius for infrastructure and Birdeye for market data.
“The Solana blockchain now confirms a trade in about 150 milliseconds thanks to Alpenglow, so the network is now faster than ever,” said Chris Osborn, Leap’s general manager and Dialect’s founder. Alpenglow a consensus overhaul designed to sharply cut Solana’s confirmation times.
“Every app that brings new people onchain makes the whole ecosystem stronger,” said Solana Labs co-founder and CEO Anatoly Yakovenko.
Leap isn’t charging its own fees at launch, though network and routing costs apply. It plans to use future fees to buy and burn SOL, permanently removing tokens from circulation, and to fund a referral program. Early waitlist members, dubbed the Founders Club, would earn 30% of the trading fees generated by users they invite and 5% from those users’ own referrals.
Leap arrives as tokenized stocks gain traction on Solana and beyond. Securitize has brought tokenized Nvidia, Apple, and Amazon shares to Solana. The trend has also met pushback: 56 companies have objected to having their shares traded on OKX and ICE’s planned tokenized stock venue.
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