SOL Strategies reports $1.1M CAD in swap aggregator revenue for Q3 2026

SOL Strategies, the Solana-focused infrastructure firm trading on both the CSE (HODL) and NASDAQ (STKE), just posted fiscal Q3 2026 results that tell a clear story: the company is no longer just a staking play. The headline number comes from Houdini Swap, a cross-chain trading platform SOL Strategies acquired on June 1, 2026, for $18 million USD. In its first full month under new ownership, Houdini generated approximately $1.1 million CAD in revenue and around $740,000 CAD in EBITDA. That works out to roughly a 63% EBITDA margin. Houdini’s debut month by the numbers The $1.1 million CAD in revenue was driven by approximately $92 million CAD in trading volume spread across 34,427 orders during June 2026. For a platform that just changed hands, those are solid figures suggesting minimal disruption from the ownership transition. Before the acquisition, the platform had accumulated cumulative trading volume exceeding $2.5 to $2.7 billion and generated roughly $13 million USD in revenue during 2025. CEO Michael Hubbard emphasized that the acquisition diversifies the company’s revenue without tapping into its treasury SOL holdings. Staking still hums, but growth has slowed In fiscal Q2 2...