On November 5, 2026, Leap announced a beta of its mobile trading app. The press release is datelined Boulder, Colorado. Leap is a Solana Labs company. The release says the Dialect team was acquired earlier this year to build it, as a new business under Solana Labs. Dialect's work named there is Solana Actions and Blinks, plus the cashtags feature on X.
The beta is early access on iPhone through Apple's public TestFlight. Android is coming soon. The release says Leap is not available in the United Kingdom and other restricted regions. Decrypt reported the same launch the same day.
Both describe trading in tokenized stocks, ETFs, metals, currencies, and crypto. The press release's markets list also names commodities, and says those markets, plus millions of tokens on Solana, are tradable 24 hours a day, subject to restrictions. The release sets Leap apart from fast, short-term memecoin trading. It says the app is for people who want to make better-informed decisions and stay in the market longer.
A memecoin session has its own cleanup in Clean up a Solana wallet after memecoin trading. The claim that starts once those balances are zero is How to claim SOL from empty token accounts. This note is the Leap launch, and the empty token accounts a wide set of onchain swaps can leave after you sell.
What the beta executes
The press release describes spot trading as a dollar amount and one confirmation. Each trade executes as an onchain swap, with access to tokens across Solana. Jupiter does the trade routing. Helius provides infrastructure. Birdeye provides market data.
Leap's disclosures, linked from leap.xyz and last updated November 3, 2026, describe the same path. Swaps run between your wallet and market makers or other liquidity sources, routed through Jupiter. Leap does not sign or initiate the trade. The page also lists Birdeye for charts, Jupiter for token search and dollar values in swaps, Helius for wallet balances and history, and tokens.xyz for the stocks, metals, crypto, ETF, and stablecoin lists.
The November 5 release says Leap does not charge its own fees at launch. Network and routing costs apply, and they are shown before each trade. The Founders Club referral terms, also last updated November 3, 2026, say Leap does not currently charge Leap fees, and that referral payments do not accrue unless Leap later begins charging them. Future fees, the release says, are planned to buy and burn SOL and to power that referral program. Early waitlist members join the Founders Club. The release points the details to leap.xyz, subject to eligibility and terms.
The leap.xyz footer says tokenized stocks and ETFs are digital tokens issued by third parties. They are not the same as owning shares directly, and they are not available in the U.S. or certain other jurisdictions. Available assets and features vary by location. The disclosures add that tokenized stocks, ETFs, metals, and similar assets are meant to follow an underlying price, and that holding them does not confer the underlying asset, voting rights, or dividends. Leap does not issue them. The same page says tokens in general may have restricted transferability, hidden fees, or a freeze authority, and that Leap does not vet tokens. It does not name the token program those stock tokens use.
The terms of use also say Leap may receive a fee from a market maker when you execute against that maker's quote. That is a commercial arrangement in the terms. It is separate from the launch line that Leap does not charge its own fee.
The wallet that holds the tokens
The leap.xyz footer calls Leap a self-custodial trading app. It says you are responsible for the wallet login and recovery details. If you lose them, or they are compromised, you may permanently lose access to your funds.
The disclosures page calls Leap a self-custody wallet. It says Leap does not hold your digital assets, and does not hold, control, or have access to your private keys. Keys are generated and secured by Privy, a third-party key manager. Leap never signs on your behalf. Only a transaction you approve can be submitted.
The terms use the same custody line. Leap Platforms, LLC, named on the leap.xyz footer as the operator, is not the custodian of the wallet or of the digital assets in it. The terms cover creating a wallet or connecting one. Deleting the app does not delete that wallet or those assets from the blockchain. You keep access with the login or recovery method.
A Leap trade settles in that Solana wallet.
Empty token accounts after you sell
Solana stores each mint in its own token account. The token account guide describes an account that holds tokens for one mint and one owner. The usual address is the associated token account: one for a wallet, a token program, and a mint. Creating it takes a refundable minimum balance, the rent deposit, plus the transaction fee. A later buy of the same mint reuses that account. A different stock, ETF, metal, currency, or crypto mint needs an account of its own.
Selling the position to zero leaves the account in place. The close-account guide says closing is its own instruction. It deletes the account and transfers the lamports, including the storage deposit, to a destination the signer chooses. The token balance has to be zero first. Wrapped SOL is the exception in that guide: the account can be closed with a balance so the underlying SOL comes back.
A pass through many of those markets can leave one empty token account for each mint you have finished with. Each one still holds its deposit. The launch posts do not give a count of accounts, or a SOL total those accounts lock. Why empty token accounts accumulate is the general pattern. The 2026 deposit sizes are in Solana rent reduction: SIMD-0437.
Claim SOL from the wallet you can sign
Because the assets sit in a Solana wallet you are responsible for, the empty accounts are in that address once the token balance is zero. SolPurge closes empty SPL Token and Token-2022 accounts and returns the reclaimed rent to the wallet that signs. It does not burn tokens, and it does not sell them. Sell to zero in Leap, or in another app that can move that mint, before you close.
Only a zero balance is closed. A native wrapped SOL account is the exception: closing it unwraps the SOL. The 6% service fee is on the reclaimed rent only, not on the unwrapped SOL. When a referral is used, half of that fee goes to the affiliate. The network fee for the close is separate.
Connect the address that holds the accounts and sign. The close is built in the browser. SolPurge cannot access your private keys or seed phrase. Leap's wallet keys are with Privy, so signing on SolPurge depends on you being able to approve a transaction for that address. Until you can, the accounts stay put.
The zero-balance filter, the fee summary, and the signature check are written out in How to claim SOL from empty token accounts. That guide follows a memecoin sell. The screen is the same close. How to verify the real Sol Purge is the check that the fee wallet matches the official site before you approve.
To look at an address before connecting, the wallet checker lists its token accounts, and the rent reclaim estimator estimates what that address would receive after fees.
What the close will not do
SolPurge does not run WithdrawExcessLamports. That instruction leaves the account open and withdraws only a surplus above the rent minimum. A close here removes the empty account.
Some Token-2022 accounts cannot be closed: withheld fees, confidential balances, a frozen account, or a close authority held by another wallet. The app shows the reason. Solana's close guide says the Token Extensions program adds close checks for some extensions. The same guide says a frozen account can still be closed when the token balance is zero. SolPurge will not close a frozen account. Leap's disclosures do not say tokenized stock tokens are Token-2022. If a row stays open, the reason on the screen is the one that applies.
A mint you still hold is an open position. Leave that account until the balance is zero.
Sources
- PR Newswire: Leap launches its trading app (November 5, 2026)
- Decrypt: Solana Labs' Leap launches a mobile app (November 5, 2026)
- leap.xyz (footer: self-custodial app, wallet recovery, tokenized stocks and ETFs)
- Leap disclosures (last updated November 3, 2026)
- Leap terms of use
- Leap Founders Club referral terms (last updated November 3, 2026)
- Create a token account
- Close a token account