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BTC $66,288.17 -6.87%
ETH $1,844.60 -7.62%
BNB $646.16 -6.79%
XRP $1.20 -7.22%
SOL $73.29 -9.94%
TRX $0.3322 -3.22%
DOGE $0.0922 -8.36%
ADA $0.2120 -8.11%
BCH $267.08 -8.10%
LINK $8.33 -7.92%
HYPE $68.81 -7.23%
AAVE $73.08 -9.00%
SUI $0.7937 -9.56%
XLM $0.2185 -11.21%
ZEC $590.72 +8.14%

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Solana officially stated that it will vigorously promote the construction of fully on-chain perpetual contracts, aiming to become the world's strongest on-chain financial derivatives infrastructure

Solana's official announcement "Building Fully On-Chain Perpetual Contracts on Solana" aims to vigorously promote the ecological construction of fully on-chain perpetual contracts (Perps) in the future, with the goal of making Solana the world's strongest on-chain financial derivatives infrastructure. Currently, the trading volume of crypto derivatives is mainly concentrated on centralized trading platforms or hybrid models that rely on off-chain matching engines, which Solana believes is a transitional phase. It hopes to make a truly fully on-chain derivatives market a reality through the characteristics of high-performance blockchain—where all processes such as order submission, price updates, matching, and clearing are completed on-chain, while maintaining institutional-level speed and low costs.The Solana Foundation will provide funding, technical support, and resource allocation, focusing on supporting projects that meet the following criteria: fully on-chain execution, price discovery based on real bilateral liquidity (rather than purely pool pricing), Solana priority with revenue flowing back on-chain, teams with derivatives experience, and core code being open source. It also welcomes the co-construction of surrounding infrastructure such as front ends, aggregators, vaults, and market-making tools.
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