# Solana's Anatoly Yakovenko Building 'Percolator' Perpetuals DEX

*Author: Jack Inabinet*
*Published: Oct 20, 2025*
*Source: https://www.bankless.com/read/news/solanas-anatoly-yakovenko-building-percolator-perpetuals-dex*

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Solana co-founder Anatoly Yakovenko is quietly building one of the most technically ambitious DeFi perp DEXs: a fully onchain, sharded exchange called Percolator. The project is “implementation-ready” and ready for native deployment to Solana. 

### **What’s the Scoop?**
- **Implementation-Ready:** Yakovenko has published the “implementation-ready” technical design documents for Percolator to GitHub. The documentation details a complete blueprint for Percolator, and is intended to be directly actionable for engineers and reviewers.
- **Sharded Matching Engines:** At the core of Percolator is a *sharded* model, with multiple independent “slabs” that each operate as self-contained perpetual engines. These slabs run in parallel, boosting throughput while allowing LPs to innovate independently within defined safety boundaries.
- **Router-Layer Portfolio Margining:** A global Router program aggregates collateral, manages portfolio margin, and coordinates execution across slabs. It prevents over-debiting via "capability-scoped escrow" and guarantees atomic routing between multiple LPs in one transaction.
- **Yakovenko’s Vision:** “This design keeps each LP’s slab fully self-contained and innovable,” Yakovenko wrote. “Aggregate capital efficiency matches a monolithic DEX — often with better execution quality via selective routing.”

> wowI can't believe anatoly the most excellent coder of all time is solo-leveling a perps dex on solana by himselfwhat even is the positive outlook for aster at this point? [https://t.co/K6SvTYQxTa](https://t.co/K6SvTYQxTa)— mert | helius.dev (@0xMert_) [October 20, 2025](https://twitter.com/0xMert_/status/1980263065980477731?ref_src=twsrc%5Etfw)
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