the perfect perp market:
↳ token: ______
↳ leverage: __x
↳ admin key: burned 🔥
Fill in the blanks and show us how you would build yours in the replies 👇
5 Solana Seekers, full accessory bundle included, courtesy of @solanamobile.
We're giving them out over the next five months.
Here's the deal:
You don't enter = You earn it.
One phone a month, to whoever does the best work for Percolator Trade.
Best, not most. We want the stuff that genuinely impresses us, and whoever wins, we show exactly what they did and why. No mystery about how someone
got picked.
To be in the running, get on the waitlist. It's where the early crew lives, and these phones are for them.
Not on it yet? Start there.
https://t.co/k9kAlJh2LA
Now, the phone itself. The Seeker isn't a normal handset with a wallet app bolted on.
It's Solana's own phone, with a Seed Vault built into the hardware, so your keys never leave the device = No hot wallet to sweat over. It comes with its own Solana app store and onchain perks you won't get anywhere else. And the crowd it's built for is real: over 100k active users already on Seeker, with more than $7.8B in transactions since last August.
Solana Mobile made it for those people, and they're exactly who we want here.
It also just makes sense for Percolator Trade.
Trading doesn't wait for you to get to a desk. You're watching your positions from your phone already, so that's where Percolator Trade should be at its best. A perps app and a phone that keeps your keys in hardware go together.
Real thanks to @solanamobile for putting these in the hands of people who actually show up.
Get on the waitlist, then go make something good.
We'll be watching.
👀☕️
Its been while since we talked about our staking program, here is what it looks like in simple terms:
Every market on Percolator Trade has an insurance pool -> You can stake into it.
The pool grows from market activity-> It also takes losses when the market eats bad debt.
Your share moves with the pool = up when traders pay or down when the market loses.
Why it matters for liquidity:
Other perp DEX's curate which tokens get listed.
Percolator opens that gate so anyone can launch a market for any token.
However markets need a backstop, and stakers are one of those backstops.
Stakers help the market operate safely.
There is two ways in:
1.Senior position: lower risk, baseline yield.
2.Junior position: first loss, multiplied fee share.
Real yield from real activity, real risk from real markets.
Withdrawals are subject to a per market cooldown. If the pool is mid cycle and funds are deployed to insurance, full value unlocks at market resolution.
https://t.co/hsRaDl5riS -> break it
over 7,000 people have already joined the waitlist. What's stopping you?
@solana_devs Currently aligning our staking program with the updated risk engine, experimenting with a new feature prediction markets for perps + continuous internal auditing
@therealchaseeb More builders than ever
Better infrastructure than ever
More capital than ever
More talent than ever
The market can stay pessimistic.
The disconnect is the opportunity.
We just paid out another round for our contributors 🤝☕️
Are you a dev looking to be apart of the Percolator Trade journey ?
Recognition + SOL
Join the discord and get started today, internal audits start soon.
https://t.co/DqYOZdSeK2
Percolator Trade is being built to provide perps on Solana that nobody else will list: perps for long tail assets.
Who it's for: traders, LPs, and builders who can't find leverage on the assets they actually care about.
Why it matters: most perp DEX's list a few dozen tokens.
The rest of crypto and every prediction market has none.
We are building that layer.
https://t.co/k9kAlJguW2
https://t.co/TZW58qAbNl https://t.co/hd1AzbaWOs https://t.co/or7Rg6RbZh https://t.co/DQVKs3Hytj
We just crossed 2,000 on the Percolator waitlist.
Over 5k followers on X
Every one of you signed up for the same thing: a place to trade perps on any token, not just the handful the big exchanges decide to list.
Thank you for being early. https://t.co/yi3Vd4v4Cg
Fully onchain? Yes.
Solana first? Built on Solana because it enables things that aren’t practical elsewhere.
Open source? Yes.
The more interesting question is what happens when anyone can create a perp market, not just the exchanges deciding what gets listed.
That’s the future we are working towards at @PercolatorTrade