Anatoliy Yakovenko, co-founder of the Solana network, has initiated an experiment to develop a decentralized perpetual futures exchange (perp DEX) based on Solana, utilizing the AI Claude from Anthropic.
This is reported by Business • Media
Solana and Artificial Intelligence: A New Approach to perp DEX
The Percolator repository on GitHub indicates Yakovenko’s work on a platform for trading derivatives, fully integrated into the Solana ecosystem. The project is akin to popular perp DEX platforms, including Hyperliquid, but operates exclusively on Solana technology.
Yakovenko emphasized that this is not about a full launch but rather an experiment to generate a prototype of the perp DEX using AI Claude. He is testing the capabilities of artificial intelligence in code generation and evaluating the results in the surfpool environment.
“I wanted to see if it could generate a prototype and test it with surfpool,” Yakovenko noted.
The Idea of an ‘Algorithm Tournament’ and New Approaches to Liquidity
In addition to experiments with AI, Yakovenko proposed the concept of competition among liquidity management algorithms. In his vision, such programs could compete with each other in terms of effective capital allocation and risk reduction in the perp DEX market. This could resemble a kind of ‘tournament’ where different systems showcase their advantages in real time.
He explained that he envisions the perp DEX as a platform that uses a single memory block (slab) for all operations, has its own liquidity pool, risk management systems, and an order matching mechanism. Additionally, Yakovenko is considering the possibility of creating a router that would balance positions among several perp DEX.
The growing interest in perp DEX on Solana reflects the overall market dynamics. In September 2025, trading volume on derivative platforms exceeded $1.14 trillion for the first time, marking a 49.5% increase compared to August. Leading platforms in this market include Aster, Hyperliquid, and Lighter.
However, in October, there was a sharp correction: following a significant cryptocurrency crash on the night of October 11 and the liquidation of positions totaling over $19 billion, open interest on perp DEX dropped from $26 billion to less than $14 billion. Alongside this, weekly trading volume on decentralized exchanges surpassed $177 billion.