Solana Co-Founder Is Launching a New Perp DEX To Rival Aster and Hyperliquid
Solana co-founder Anatoly Yakovenko is developing Percolator, a new perpetuals DEX native to the SOL blockchain, aiming to compete with Aster and Hyperliquid.Summary
Anatoly Yakovenko, a co-founder of Solana, has quietly announced the development of a new perpetuals Decentralized Exchange (DEX) named "Percolator," which will be built natively on the Solana L1 blockchain. Yakovenko publicized the project via GitHub, where documentation shows that while core data structures are complete, key functionalities like account validation and position closure are still pending. The launch of Percolator could significantly disrupt the rapidly growing perp DEX market, which currently features fierce competition between platforms like Aster and Hyperliquid. Aster recently gained market share from Hyperliquid but has since faced setbacks, leaving the leadership position contested. Percolator's success will depend on its technical features and launch timing, but it is positioned as a potential major contender in the space.
(Source：BeInCrypto)