The Solana Dex ecosystem is heating up once more, and never simply from the West. As Solana Labs quietly builds Percolator, a next-gen decentralized perpetual alternate to rival Hyperliquid crypto and Aster dex, Justin Solar’s SunPerp is making daring strikes within the East.
Backed by TRON crypto and supported by a large $200M dealer restoration fund, SunPerp’s fast multi-chain enlargement and Chinese language-market focus have turned it into the stealth participant few noticed coming.
Collectively, these launches mark a brand new section within the international battle for decentralized derivatives dominance, one that might outline the way forward for on-chain leverage buying and selling.
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Is Percolator the Solana New Weapon in Dex Wars?
The Solana blockchain, lengthy identified for its pace and scalability, is making one other bold push into decentralized finance. Solana Labs’ co-founder Anatoly Yakovenko just lately unveiled technical plans for Percolator, a decentralized perpetual DEX constructed immediately on
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. Designed for efficiency and self-custody, Percolator introduces “shared matching engines”, which means separate liquidity slabs can course of orders in parallel, lowering community congestion whereas maintaning international value consistency.
LATEST: Solana founder Anatoly Yakovenko is constructing a brand new perp DEX referred to as Percolator. pic.twitter.com/3xKTFqL2LI
— Cointelegraph (@Cointelegraph) October 20, 2025
In brief: each market runs by itself lane, however a single router ensures atomic settlement and margin security. This might remedy one in every of DeFi’s most vital issues – bottlenecks in on-chain order matching. Percolator’s design already has working code on GitHub, with knowledge constructions and order-book logic accomplished.
Whereas no launch date has been set, the mission represents Solana’s most exact shot at reclaiming dominance from Hyperliquid, whose current 30-day buying and selling quantity hit $313Bn, in line with DefiLlama.
(Supply – defillama)
If Percolator DEX launches easily, it might grow to be the primary Solana Dex to problem centralized exchanges on pace and liquidity head-to-head.
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Can Justin Solar’s SunPerp Outshine Solana’s DeFi Push?
Whereas Solana builds its DEX from the bottom up, Justin Solar’s SunPerp has taken the alternative route – increasing quickly by way of capital and neighborhood energy. On October 15, 2025, SunPerp doubled its buying and selling depth and introduced a large $100M “Sail Collectively” fund, co-financed with HTX, to compensate merchants hit by current market crashes. Bonuses vary from 5 USDT to five,000 USDT, open to customers from any alternate, making this some of the vital aid funds ever launched by a DeFi mission.
$100 Million "Sail Collectively" Initiative Now Open for Registration!
Register Now: https://t.co/u06UHKpb27(or scan the QR code) pic.twitter.com/hn3OIoR4f9
— SunPerp (@SunPerp_DEX) October 16, 2025
SunPerp has additionally built-in TRON, Ethereum, BNB Chain, and Arbitrum, promising so as to add two extra blockchains every week. Its new multi-stablecoin buying and selling permits customers to open perpetual positions in USDC and USDD, enchancing liquidity flexibility.
Technical knowledge exhibits market depth doubling throughout BTC and ETH pairs (up ~250%) whereas SunPerp maintaned full uptime throughout October’s volatility. With ultra-low charges (as much as 55% off), 12% APY auto-earn, and upcoming Commerce-to-Earn incentives, the DEX is quietly positioning itself because the Chinese language-language market’s flagship perpetuals platform.
(Supply – sunwukong)
Analysts name SunPerp the “Solar Perp Impact”: a DEX designed to bridge Asian liquidity with Western leverage demand, a transfer that might reshape derivatives buying and selling fully.
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Who Wins the DEX Race – Solana’s Percolator or Solar’s SunPerp?
THe Solana DEX panorama and the Chinese language DEX enlargement are converging into the identical area, one outlined by efficiency, depth, and multi-chain attain. Solana’s Percolator is constructing belief by way of open-source innovation and high-speed structure, whereas SunPerp is executing with aggressive development, funding, and inclusivity.
However right here’s the twist: SunPerp’s quick liquidity and user-centric design might give it a real-world benefit lengthy earlier than Percolator absolutely launches. In the meantime, Solana’s technological edge might guarantee it wins in the long term, if it may possibly maintain developer momentum and combine cross-chain assist.
On this battle of Solana Crypto vs. SunPerp, each side are redefining what a contemporary decentralized derivatives alternate appears to be like like. Wether you’re a Solana maximalist or a TRON believer, one factor is evident – the perp DEX wars are simply starting, and international merchants are the last word winners.
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Key Takeaways
Solana introduced their DEX response to Hyperliquid.
Justin Solar joins the struggle with SunPerp.
The put up Solana Labs Takes Intention at Perp DEX Wars: However Justin Solar’s Chinese language DEX Plan Is The Secret Slice appeared first on 99Bitcoins.
