Solana Labs Unveils New Decentralized Exchange Percolator to Compete with Hyperliquid and Astar

Solana Labs has released plans for a new decentralized exchange called Percolator, aiming to compete with the growing presence of platforms like Hyperliquid and Astar. The project’s design prioritizes speed and efficiency in perpetual futures trading, a popular tool for speculating on cryptocurrency price movements. Developed directly on the Solana blockchain, Percolator features two core programs: a Router responsible for collateral management, portfolio margining, and cross-slab routing, and a Slab program managed by liquidity providers that handles matching and settlement. ]