SOL Strategies' Houdini Swap Crosses US$3 Billion in Cumulative Swap Volume
Houdini Swap’s cumulative on-chain swap volume now exceeds US$3 billion, highlighting growing usage of SOL Strategies’ privacy-focused infrastructure.
Rhea-AI Summary
SOL Strategies (STKE)/b) reported that its wholly owned Houdini Swap platform has surpassed US$3 billion in cumulative swap volume since launch.Cumulative volume was just under US$2.8 billion at the end of June 2026, meaning more than US$260 million in swaps have been processed since SOL Strategies closed the Houdini acquisition on 1 June 2026. That post-acquisition volume comes from over 150,000 customer orders. Houdini operates as a non-custodial, privacy-focused cross-chain swap aggregator, supporting more than 120 networks, integrations to over 30 exchanges, and mobility across over one million tokens. Partners such as Solflare, Terminal and Jumper continue to route swaps through Houdini’s privacy layer, which the company says is benefiting from increased macro volatility.
Positive
- Houdini Swap cumulative volume exceeds US$3 billion since launch
- Post-acquisition volume over US$260 million since 1 June 2026
- Customer activity more than 150,000 swap orders since acquisition
- Network and asset reach 120+ networks, 1,000,000+ tokens, 30+ exchanges integrated
Negative
- None.
News Explained
Houdini Swap has crossed
Key Figures
- Cumulative swap volume
- US$3 billion
- Since Houdini launch
- Volume at end of June
- Just under US$2.8 billion
- Cumulative volume before the latest milestone
- Post-acquisition swap volume
- Over US$260 million
- Since acquisition closed on June 1
- Customer orders
- Over 150,000
- Since acquisition closed on June 1
- Supported networks
- 120+ networks
- Houdini network coverage
- Supported tokens
- Over a million tokens
- Across supported blockchains
- Exchange integrations
- Over 30 exchanges
- Houdini integrations
Historical Context
-
Houdini reported approximately US$206 million across three months and 120,000 orders
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Houdini reported first-month revenue, EBITDA, transaction volume, and cumulative volume
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Houdini reported more than US$2.7 billion cumulative volume after acquisition closing
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
non-custodial technical
cross-chain swap aggregator technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Over US
Toronto, Ontario--(Newsfile Corp. - September 22, 2026) - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), a digital asset infrastructure company focused on high performance blockchain and privacy technologies, today shared that Houdini Swap ("Houdini"), the Company's wholly-owned, non-custodial, privacy-focused cross-chain swap aggregator, has crossed US
The milestone builds on a base of just under US
Houdini is built to provide users optionality and flexibility, providing for mobility between over a million tokens across all supported blockchains and integrations to over 30 exchanges. Since the Company's acquisition of Houdini closed on 1 June, total swap volume has exceeded US
Michael Hubbard, CEO of SOL Strategies, said: "Three billion dollars is a nice round number, but the real story is where that volume's coming from. We're putting privacy right inside the platforms people already use, so nobody has to change their habits to get it. Combined with our ability to capture higher volumes on the back of increased macro volatility the business is in good shape."
About SOL Strategies
SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) is a digital asset infrastructure company focused on high-performance blockchain and privacy technologies. Headquartered in Toronto, the Company operates staking infrastructure and privacy technology on public blockchain networks, serving a broad range of participants from individual SOL holders to institutional clients.
To learn more about SOL Strategies, please visit www.solstrategies.io. A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.
Investor Contact:
Doug Harris, Chief Financial Officer, 416-480-2488
Media Contact: solstrategies@scrib3.co
Cautionary Note Regarding Forward-Looking Information:
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements and information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the Company's or the Company's management team's expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company's business plans and operations related thereto. Forward-looking information can also be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".
Forward-looking statements in this news release include statements regarding the Company's expectations for continued growth in Houdini's cumulative volume and factors contributing to this growth that may be outside the Company's control. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates, and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Disclaimer:
SOL Strategies is an independent organization in the Solana ecosystem. SOL Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the "Foundation"), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with SOL Strategies.
None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided, or action taken by SOL Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/315400
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Houdini Swap within SOL Strategies’ business?
Houdini Swap is a wholly owned, non-custodial, privacy-focused cross-chain swap aggregator. The company describes it as providing users with optionality and flexibility, enabling mobility between over a million tokens across all supported blockchains, with integrations to more than 30 exchanges.
How does SOL Strategies describe the sources of Houdini’s swap volume?
The company highlights that partners including Solflare, Terminal and Jumper continue to route swaps through Houdini’s privacy layer, embedding privacy within platforms users already use. Management also links Houdini’s ability to capture higher volumes to increased macro volatility.
What is SOL Strategies’ broader business focus and where is it based?
SOL Strategies is a digital asset infrastructure company focused on high-performance blockchain and privacy technologies. It operates staking infrastructure and privacy technology on public blockchain networks, serving individual SOL holders and institutional clients, and is headquartered in Toronto.