Solana founder brews up new perp DEX ‘Percolator’
Solana Labs CEO Anatoly Yakovenko announced plans for Percolator, a new sharded perpetual exchange DEX on the Solana blockchain.Summary
Anatoly Yakovenko, co-founder and CEO of Solana Labs, has unveiled plans for a new decentralized perpetual exchange (DEX) on the Solana blockchain called Percolator. This protocol is designed for trading perpetual futures contracts and will feature two main onchain programs: the Router program for managing collateral and margins, and the Slab program, which acts as the perpetuals engine with self-contained matching and settlement provided by liquidity providers.
The announcement follows recent activity in the perp DEX space, including Hyperliquid enabling permissionless contract deployment and a VanEck report suggesting Hyperliquid was attracting high-value users away from Solana due to its simple, functional product. While Hyperliquid saw significant volume in July, rival DEX Aster, launched on BNB Chain, recently surpassed Hyperliquid in daily trading volume, though Hyperliquid still leads in 30-day volume.
(Source：Cointelegraph)