Is Solana’s Co-Founder Secretly Creating a Perpetual DEX? You Won’t Believe This!

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So, Anatoly “Toly” Yakovenko – the mastermind behind Solana – is apparently cooking up a little something on the down low. Yup, the co-founder is allegedly developing a decentralized perpetual exchange called “Percolator” (yes, really), according to some super subtle GitHub activity. You know, because why not have a pet project while everyone’s busy congratulating you for making Solana a blockchain juggernaut?

The GitHub repo is giving off major “I’m in this, trust me” vibes, with Yakovenko popping in and out of code commits like it’s nobody’s business. The community’s all abuzz, which makes sense, because who doesn’t love a good mystery involving crypto and a co-founder who might just have a hand in taking over the world?

But here’s the juicy part: while it’s still a little too early to pop champagne, the Percolator design looks pretty promising. We’re talking high-performance, self-custodial exchange vibes, which sounds very familiar to Hyperliquid (you know, the perpetuals giant who rakes in billions in monthly trading volume). Could Solana be next in line for this perpetual futures throne? Hmmm, don’t you just love a good underdog story?

Meanwhile, Solana’s decentralized trading scene is, well, booming. The network’s performance is like that overachieving kid in class who never fails to impress, and liquidity is flowing like it’s an open bar at a wedding. With Solana hitting $104B in market cap, according to CoinGecko, I’d say the timing couldn’t be better for Toly’s big move.

Hold Onto Your Hats, Solana’s About to Get Perpetual

Just in case you missed it, Solana’s decentralized exchanges are on fire, with a whopping $6 billion in daily trading volume as of July. This is the stuff that makes developers and crypto enthusiasts weak at the knees. Raydium, Orca, SolFi, and Meteora are leading the charge, making sure the liquidity and settlement speeds are smoother than a toddler’s cheek.

And guess what? Yakovenko’s little side hustle – Percolator – is the perfect follow-up to all that hype. As Solana’s spot market continues to mature, venturing into perpetual futures feels like a natural next step. If it works out (fingers crossed), this could cement Solana’s status as THE place to be for decentralized exchange action. And don’t even get me started on DeFi derivatives. Percolator might just be the new playground for those. 💥

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2025-10-20 20:31