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 trade 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 an enormous $200M dealer restoration fund, SunPerp’s fast multi-chain growth 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.
Is Percolator the Solana New Weapon in Dex Wars?
The Solana blockchain, lengthy identified for its pace and scalability, is making one other formidable push into decentralized finance. Solana Labs’ co-founder Anatoly Yakovenko not too long ago unveiled technical plans for Percolator, a decentralized perpetual DEX constructed straight on
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Solana
0.43%
Solana
SOL
Value
$185.06
0.43% /24h
Quantity in 24h
$6.49B
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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 clear up one among DeFi’s most important issues – bottlenecks in on-chain order matching. Percolator’s design already has working code on GitHub, with information buildings 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 response to DefiLlama.
(Supply – defillama)
If Percolator DEX launches easily, it may 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 means of capital and group energy. On October 15, 2025, SunPerp doubled its buying and selling depth and introduced an enormous $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 trade, making this one of the crucial vital reduction 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 information reveals 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 growth are converging into the identical area, one outlined by efficiency, depth, and multi-chain attain. Solana’s Percolator is constructing belief by means of open-source innovation and high-speed structure, whereas SunPerp is executing with aggressive progress, funding, and inclusivity.
However right here’s the twist: SunPerp’s speedy liquidity and user-centric design may give it a real-world benefit lengthy earlier than Percolator totally launches. In the meantime, Solana’s technological edge might guarantee it wins in the long term, if it could possibly maintain developer momentum and combine cross-chain assist.
On this battle of Solana Crypto vs. SunPerp, either side are redefining what a contemporary decentralized derivatives trade appears like. Wether you’re a Solana maximalist or a TRON believer, one factor is obvious – the perp DEX wars are simply starting, and international merchants are the last word winners.
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The publish Solana Labs Takes Purpose at Perp DEX Wars: However Justin Solar’s Chinese language DEX Plan Is The Secret Slice appeared first on 99Bitcoins.
