Blockchain
Solana Founder Shares Plans For New Perp DEX ‘Percolator’
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Solana Labs co-founder and CEO Anatoly Yakovenko is the latest crypto founder to announce plans for a decentralized exchange (DEX), following the success of Hyperliquid and Astar.
On Monday, Yakovenko uploaded plans outlining a new sharded perpetual exchange protocol on the Solana blockchain, dubbed Percolator.
A perpetual exchange is a decentralized trading protocol for perpetual futures contracts, which allows traders to speculate on cryptocurrency prices without an expiration date.
Percolator will consist of two main onchain programs, including the…
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