Aster and Hyperliquid have already advanced the narrative of next-generation decentralized exchanges (DEXs), gaining considerable attention and yielding significant profits for early investors. Now, a promising new project is emerging on Solana’s network that warrants attention and investment. This project is still in its infancy, presenting intriguing potential as it unfolds within the thriving Solana ecosystem.
Solana (SOL) Updates
According to some sources, Solana co-founder Anatoly Yakovenko is deeply involved in the construction of a new-generation DEX on the Solana network. A GitHub repository suggests that the announcement comes in light of the underdevelopment of derivative DEXs on the network and its untapped potential, making the news particularly significant. Here are some leaked insights about the DEX being developed.
The project, named Percolator, envisions a DEX on the Solana network akin to Aster. Anatoly and Claude are leading contributors to this endeavor, with active commits made 16–18 hours ago, indicating the project is at the early stages of development. As no official release or deployment has occurred, users may not be able to start testing for several months.
Once phases such as test launches, audits, and documentation are completed, Toly could opt to share the outcomes with the community, paving the way for broader participation and feedback.
Airdrop Opportunities and Next-Gen DEX
The Solana network boasts a robust community and is known for breaking transaction records. In some aspects, it even outperforms Ethereum. However, it lacks a product equivalent to Aster or Hyperliquid. Should this broader effort succeed, Solana could further elevate the next-gen DEX narrative to an unprecedented level.
Given the Solana network’s strengths, it is anticipated to attract substantial investor interest, which could drive the new DEX to reach unparalleled volumes and generate significant income during its initial launch. A DEX of such stature and utilization would significantly benefit the Solana mainnet, enhancing its overall network dynamics.
Reflect on how PumpFun supported the Solana network early this year. Engaging in early trades on this burgeoning DEX might provide rewards during potential airdrop phases. Once Toly officially announces the project and initiates testing, we will provide further updates. It remains to be seen whether these airdrops will be as lucrative as previous ones.