New developments are occurring daily in the cryptocurrency market. Today’s news comes from Solana (SOL).
According to Aggr News, Solana co-founder Anatoly Yakovenko is allegedly developing a perpetual DEX (futures exchange) on the Solana network.
According to Github data, Solana co-founder Yakovenko may be preparing a Perpetual DEX built directly on SOL.
A new repository called “Percolator” has appeared on Yakovenko’s personal GitHub account. The description includes the phrase “A sharded perpetual exchange protocol for Solana.” This suggests that a perpetual contract-based decentralized exchange protocol is being developed on the Solana blockchain.
According to experts, if this proves true and Yakovenko develops a DEX, it could mean a local futures platform competing with Hyperliquid, but built on Solana.
It can also mean great liquidity and on-chain volume.
Despite all the news, there has been no official statement yet as to whether Yakovenko is a direct co-founder or lead developer of a DEX.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/whats-happening-at-solana-sol-founder-anatoly-yakovenko-makes-an-unexpected-move/
