Solana Foundation Targets Onchain Perps Market, Challenges Hyperliquid
Solana Foundation Targets Onchain Perps Market, Challenges Hyperliquid
The Solana Foundation has announced an initiative to back teams developing fully on-chain perpetual futures. This strategic move aims to challenge the current market structure dominated by centralized exchanges and hybrid venues, directly taking on platforms like Hyperliquid in one of crypto's most lucrative trading segments.
Solana Foundation is moving to back teams building fully onchain perpetual futures, setting up a clear challenge to the market structure that has powered Hyperliquid’s rapid rise. The initiative targets one of crypto’s most lucrative trading segments: perps, where volume still sits largely on centralized exchanges or hybrid venues. Solana Vs. Hyperliquid The Foundation framed […]