“Steal This”: Solana Founder Gives Away Perp DEX Code, Ignites DeFi Firestorm

Solana co-founder Anatoly Yakovenko has publicly invited developers to “steal” his idea for a new perpetual futures decentralized exchange (DEX) called “Percolator,” igniting a firestorm of discussion within the DeFi sector. Developed with the help of AI tool Claude, Percolator is an on-chain DEX built on Solana, utilizing a “slab” structure for faster execution and reduced contagion risk. Yakovenko’s unconventional move is seen as an experiment in open innovation, aiming to test if the competitive dynamics of spot trading can be replicated in perpetual markets.

The DeFi community has reacted with a mix of enthusiasm and caution. While some, like Andre Cronje, have expressed eagerness to build upon the idea, others have raised ethical questions about intellectual property and potential commercial disputes. The initiative highlights Solana’s collaborative ethos and its strategic push into the growing perpetual futures market, currently dominated by platforms like GMX and Hyperliquid.

Ultimately, Yakovenko’s call to action is intended to accelerate Solana’s technical evolution and explore the boundaries of decentralized collaboration. Whether Percolator becomes a successful community-driven project or a cautionary tale remains to be seen, but the episode underscores the increasing importance of transparent experimentation in the Web3 space.

(Source：BeInCrypto)