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Yakovenko Posts 'Percolator' Perps DEX Code to GitHub, Urges Others to 'Steal the Idea'

The public repo details a Router‑plus‑Slabs design with core pieces marked ready, leaving the liquidation engine unfinished alongside no launch timing.

Solana’s co-founder drops a perps DEX, dares devs to 'steal' it!
Photo: The Pavlovic Today
Source: github
Image

Overview

  • Yakovenko said the repository was exposed by accident while he tested Claude and he encouraged independent teams to build from the concept.
  • GitHub documentation lists the Router, Slab and order‑book primitives as implementation‑ready, with the liquidation engine and other risk controls still to be completed.
  • There is no announced launch date or formal Solana Foundation backing, though outside developers have already filed pull requests.
  • Percolator’s architecture uses token‑scoped slabs and a Router for portfolio margining and atomic routing to enable parallel matching on Solana.
  • Speculation flared as a Percolator‑themed meme coin briefly reached about $6.2 million in market value before crashing, reflecting broader interest in perp DEX rivals to Hyperliquid.