The design imposes a hard limit of 10 MB of memory per instance to optimize performance.
Includes infrastructure against “sandwich attacks”
A new perpetual futures decentralized exchange (DEX), called Percolator, has been introduced for the Solana network by Anatoly Yakovenko, the network’s founder.
Percolator focuses on a fragmented architecture (sharded) designed for compete in the derivatives sector, currently dominated by platforms such as Hyperliquid. The technical proposal prioritizes efficiency in the use of memory and advanced risk management mechanisms.
According to the technical documentation, Percolator’s architecture is divided into two main components. First, a “Router Program» that functions as a global coordinator, managing the collateral, the portfolio margin and the routing between the different instances.
Second, a “Slab Program«, which operates as the autonomous perpetual engine, managed by liquidity providers (LPs) and responsible for order matching and settlement.
Among its key features, this Solana DEX imposes a strict limit of 10 MB of memory per instance (“slab“), searching Ensure efficiency and optimal performance. In addition, it implements a security system based on «Capabilities» Temporary (capabilities), with a maximum duration of two minutes, to authorize debits securely.
An “anti-toxicity” DEX for Solana
Its design too includes “anti-toxicity” infrastructuresuch as batch processing windows (batch windows) and JIT penalties (Just-in-Time). These mechanisms are aimed at mitigate adverse arbitrage attacks, commonly known as sandwich attacksand protect liquidity providers.
The current status of the projectaccording to your repositorysample the core infrastructure as completed, with 53 unit tests passed. The next phases will focus on implementing the logic of the instructions and finalizing the integration of anti-toxicity measures.
Percolator launches into a competitive niche
The eventual launch of Percolator seeks to intensify competition in the growing sector of decentralized perpetual exchanges on the Solana network.
As CriptoNoticias has reported, this is a rapidly growing market niche. Recent anomalies in centralized exchanges have put the spotlight on decentralized exchanges and some of their advantages, like transparency.