Solana 的 Percolator DEX 原型：DeFi 领域的新挑战者

Solana 联合创始人 Anatoly Yakovenko 的 Percolator DEX 原型旨在为 SOL 生态系统带来高速、链上永续交易。它会改变游戏规则吗？

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

Solana 的 Percolator DEX 原型：DeFi 领域的新挑战者

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?

随着 Anatoly Yakovenko 的 Percolator DEX 原型的出现，Solana 的 DeFi 场景正在升温。这个开源项目旨在提供高速的链上永续交易。它能否填补 SOL 上旗舰 Perps 平台的空白？

Percolator: A High-Speed DEX Built for Solana

Percolator：专为 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 通过“slab”系统充分利用了 Solana 的优势。这个并行匹配引擎同时处理多个交易。该原型包括抵押品管理和保证金跟踪工具，所有这些都不需要集中式基础设施。 Yakovenko 的开源方法鼓励开发人员贡献和“窃取”想法，从而促进透明和有竞争力的开发。

Why Percolator Matters for Solana

为什么 Percolator 对 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.

虽然 GMX 和 dYdX 等 DEX 在永续合约交易中占据主导地位，但 Solana 却缺乏主要参与者。 Percolator 可以弥补这一差距，将 Solana 的速度与用户友好的设计相结合。成功推出可以加强 Solana 的 DeFi 基础设施，并提升其在 2100 亿美元永续市场中的地位。

Development Still in Progress

开发仍在进行中

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 文档显示了功能路由器和匹配引擎。然而，清算机制等关键模块仍在开发中。该项目的早期知名度激发了开发人员的大量参与。

The Competitive Landscape

竞争格局

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 进入竞争激烈的市场。 Hyperliquid（HYPE）凭借无需许可的构建者部署的永续合约引领潮流。 Percolator 的分片板架构旨在减少延迟和风险。它基于 Solana 构建，受益于网络的并行交易处理，这对于高频衍生品交易至关重要。

Solana's Price and Market Sentiment

Solana 的价格和市场情绪

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 的价格目前正在测试其五年上涨趋势线。从历史上看，这个水平一直是一个强有力的支撑，买家在之前的下跌期间介入。蝙蝠侠等分析师认为，目前底部更有可能出现，而不是周期顶部。尽管最近市场降温，但 Solana 的基本面依然强劲，链上活动蓬勃发展，生态系统不断扩张。

The Bigger Picture and Potential Impact

更大的前景和潜在影响

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 可以扩展 Solana 的 DeFi 产品。一旦清算和风险系统最终确定，测试网的发布可能即将到来。 Percolator 的推出正值 SOL 交易面临压力之际，突显了需要此类创新项目来支持生态系统。

Final Thoughts

最后的想法

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 会成为 Solana 的旗舰 Perps DEX 吗？只有时间才能证明一切。但有一件事是肯定的：这是一个令人兴奋的发展。因此，请保持警惕，因为 Solana 上 DeFi 的未来可能会变得更快！