Solana 的 Percolator DEX 原型：DeFi 領域的新挑戰者

Solana 聯合創始人 Anatoly Yakovenko 的 Percolator DEX 原型旨在為 SOL 生態系統帶來高速、鏈上永續交易。它會改變遊戲規則嗎？

Solana's Percolator DEX Prototype: A New Challenger in the DeFi Arena

Solana 的 Percolator DEX 原型：DeFi 領域的新挑戰者

Solana's DeFi scene is heating up with Anatoly Yakovenko's Percolator DEX prototype. This open-source project seeks to deliver high-speed, on-chain perpetual trading. Can it fill the void for a flagship perps platform on SOL?

隨著 Anatoly Yakovenko 的 Percolator DEX 原型的出現，Solana 的 DeFi 場景正在升溫。這個開源項目旨在提供高速的鏈上永續交易。它能否填補 SOL 上旗艦 Perps 平台的空白？

Percolator: A High-Speed DEX Built for Solana

Percolator：專為 Solana 打造的高速 DEX

Percolator leverages Solana's strengths with a "slab" system. This parallelized matching engine processes multiple trades simultaneously. The prototype includes tools for collateral management and margin tracking, all without centralized infrastructure. Yakovenko's open-source approach encourages developers to contribute and "steal" the idea, fostering transparent and competitive development.

Percolator 通過“slab”系統充分利用了 Solana 的優勢。這個並行匹配引擎同時處理多個交易。該原型包括抵押品管理和保證金跟踪工具，所有這些都不需要集中式基礎設施。 Yakovenko 的開源方法鼓勵開發人員貢獻和“竊取”想法，從而促進透明和有競爭力的開發。

Why Percolator Matters for Solana

為什麼 Percolator 對 Solana 很重要

While DEXs like GMX and dYdX dominate perpetuals trading, Solana has lacked a major player. Percolator could bridge this gap, combining Solana's speed with user-friendly design. A successful launch could strengthen Solana's DeFi infrastructure and boost its position in the $210 billion perpetuals market.

雖然 GMX 和 dYdX 等 DEX 在永續合約交易中佔據主導地位，但 Solana 卻缺乏主要參與者。 Percolator 可以彌補這一差距，將 Solana 的速度與用戶友好的設計相結合。成功推出可以加強 Solana 的 DeFi 基礎設施，並提升其在 2100 億美元永續市場中的地位。

Development Still in Progress

開發仍在進行中

The GitHub documentation shows functional router and matching engines. However, key modules like liquidation mechanics are still under development. The project's early visibility has sparked significant developer engagement.

GitHub 文檔顯示了功能路由器和匹配引擎。然而，清算機制等關鍵模塊仍在開發中。該項目的早期知名度激發了開發人員的大量參與。

The Competitive Landscape

競爭格局

Percolator enters a competitive market. Hyperliquid (HYPE) leads the way with permissionless builder-deployed perpetual contracts. Percolator's sharded slab architecture aims to reduce latency and risk. Built on Solana, it benefits from the network's parallel transaction processing, essential for high-frequency derivatives trading.

Percolator 進入競爭激烈的市場。 Hyperliquid（HYPE）憑藉無需許可的構建者部署的永續合約引領潮流。 Percolator 的分片板架構旨在減少延遲和風險。它基於 Solana 構建，受益於網絡的並行交易處理，這對於高頻衍生品交易至關重要。

Solana's Price and Market Sentiment

Solana 的價格和市場情緒

Interestingly, Solana's price is currently testing its five-year ascending trendline. Historically, this level has been a strong support, with buyers stepping in during previous dips. Analysts like Batman suggest that a bottom is more likely than a cycle top at this point. Despite recent market cooling, Solana's fundamentals remain strong, with thriving on-chain activity and ecosystem expansion.

有趣的是，Solana 的價格目前正在測試其五年上漲趨勢線。從歷史上看，這個水平一直是一個強有力的支撐，買家在之前的下跌期間介入。蝙蝠俠等分析師認為，目前底部更有可能出現，而不是周期頂部。儘管最近市場降溫，但 Solana 的基本面依然強勁，鏈上活動蓬勃發展，生態系統不斷擴張。

The Bigger Picture and Potential Impact

更大的前景和潛在影響

If launched successfully, Percolator could expand Solana's DeFi offerings. A testnet launch may be near once liquidation and risk systems are finalized. The introduction of Percolator comes as SOL trades under pressure, highlighting the need for such innovative projects to bolster the ecosystem.

如果成功推出，Percolator 可以擴展 Solana 的 DeFi 產品。一旦清算和風險系統最終確定，測試網可能即將啟動。 Percolator 的推出正值 SOL 交易面臨壓力之際，突顯了需要此類創新項目來支持生態系統。

Final Thoughts

最後的想法

Will Percolator become Solana's flagship perps DEX? Only time will tell. But one thing's for sure: it's an exciting development to watch. So keep your eyes peeled, because the future of DeFi on Solana just might be getting a whole lot faster!

Percolator 會成為 Solana 的旗艦 Perps DEX 嗎？只有時間才能證明一切。但有一件事是肯定的：這是一個令人興奮的發展。因此，請保持警惕，因為 Solana 上 DeFi 的未來可能會變得更快！