Percolator / Solana

PERC.

A new horizon for perpetuals.

Permissionless markets. On-chain collateral.
Built around the Percolator vision on Solana.

Solana mainnet · Percolator research

The idea behind Percolator

“Pls steal the idea. I want to see if it’s possible to replicate the same prop-amm competition for spot but for perps.”

Anatoly “Toly” Yakovenko Solana co-founder · October 20, 2025

PERC is an independent project inspired by this public research, not endorsed by Toly or Solana.

The PERC workspace

Your market. Your position.

Explore market-specific collateral, oracles and risk parameters.

A dedicated view for your connected wallet and positions.

Define collateral, matching and the rules of your market.