Solana co-founder Anatoly Yakovenko is designing a perps DEX: GitHub
Summary
Solana Labs CEO Anatoly Yakovenko is designing a high-performance, self-custodial decentralized perpetual futures exchange protocol named Percolator, built on the Solana blockchain. Documentation on GitHub, published on October 19, indicates the project is "implementation-ready." Percolator features an onchain routing program for position tracking and margin calculation, and introduces "slabs," which are separate order books for different tokens designed to boost liquidity provider competition using sharded matching engines that run in parallel. Yakovenko stated this design keeps each LP's slab self-contained while the Router ensures atomic routing and capital efficiency comparable to monolithic DEXs. While core components like the Router and Slab are complete, the liquidation engine remains on the to-do list, making the exact launch date unclear.
(Source:The Block)