Overview
- A public GitHub repository dated October 19 details Percolator, a Solana-native perpetuals concept using token-scoped “slabs” and a Router for parallel order books and atomic settlement.
- Repository docs label core data structures implementation-ready, while the liquidation engine and parts of the risk and monitoring stack remain incomplete and no launch date has been announced.
- Anatoly Yakovenko says the publication was unintentional and describes the work as an AI-assisted experiment using Claude, inviting developers to reuse the idea.
- A meme token referencing Percolator briefly reached about $6.23 million in market value before plunging roughly 79% after Yakovenko’s clarification.
- Coverage frames the concept against surging perp DEX volumes led by Hyperliquid and Aster, with Percolator presented as a Solana-native approach to compete in that market.