Solana Labs’ Leap Launches Mobile App for Tokenized Stocks and Crypto
Leap, a Solana Labs company built by the team behind Dialect, has launched an iPhone beta for trading tokenized stocks, ETFs, metals, currencies and crypto through a single onchain interface.
Solana Labs is expanding beyond meme-coin trading with Leap, a new mobile app that brings tokenized stocks, ETFs, metals, currencies and crypto into one around-the-clock trading interface. The beta launched Thursday in early access for iPhone users through Apple’s public TestFlight program, with Android support planned for a later date.
A Multi-Asset Trading App on Solana
Leap is designed for users seeking a broader and more research-oriented trading experience than fast-moving meme-coin markets. Availability remains limited: the app is not offered in the U.K. or other restricted regions, and trading is subject to applicable limitations.
The app combines market information with onchain execution. Its research team curates market-moving news and attaches each story to the relevant point on a price chart, giving users a way to connect an event with subsequent market activity. Leap also provides detailed portfolio accounting, including profit and loss across deposits, withdrawals, trades and fees, as well as the breakeven price for each position.
Users enter a trade amount in dollars, while the transaction executes as an onchain swap. The platform’s core partners include:
- Jupiter for trade routing.
- Helius for infrastructure.
- Birdeye for market data.
The app was developed by the team behind Dialect, which Solana Labs acquired earlier this year. Dialect created Solana Actions and Blinks, protocols that make blockchain transactions shareable through links, and also developed the cashtags feature on X.
Fees, SOL and the Tokenization Push
Leap is charging no platform fees at launch, although users may still encounter network and routing costs. The company plans to use future fees to buy and burn SOL, permanently removing those tokens from circulation, while also funding a referral program.
Early waitlist participants, known as the Founders Club, are set to receive 30% of trading fees generated by users they refer and 5% of fees generated by those users’ own referrals. The structure gives Leap an incentive to build a user base while tying the app’s future economics to activity on the platform.
Leap General Manager and Dialect founder Chris Osborn said Solana can now confirm trades in about 150 milliseconds, citing Alpenglow, a consensus overhaul intended to reduce confirmation times. The app’s launch comes as tokenized equities gain traction on Solana, including tokenized Nvidia, Apple and Amazon shares brought to the network by Securitize. The sector has also faced resistance, with 56 companies objecting to the trading of their shares on OKX and ICE’s planned tokenized-stock venue.
What This Means
Leap gives Solana a consumer-facing entry point into the convergence of crypto and tokenized traditional assets. Its no-fee launch, news-linked charts and cross-asset design could broaden the network’s audience beyond speculative tokens, while Jupiter routing and Solana’s speed support a familiar mobile trading experience.
The opportunity remains dependent on regional restrictions, asset availability and the evolving legal treatment of tokenized stocks. If Leap converts its beta users into sustained trading activity, its planned SOL buy-and-burn model could create a direct connection between app adoption and demand for the network’s native token.