
Haotian | CryptoInsight|Sep 25, 2025 02:39
It can be boldly inferred that if Perp Dex Summer continues, it will eventually erupt within the @ solana ecosystem:
1) Solana can directly perform application specific optimization at the validator level, running a dedicated transaction engine within the validation node to achieve a sub second trading experience close to @ HyperliquidX.
The expansion strategy of Ethereum layer 2 needs to be wrapped in layers of technical bonds such as L2 centralized Sequencer, transaction Batch, and Finals state dependent L1. In comparison, Solana's existing technological architecture advantages are more suitable for nurturing and fermenting Perp Dex than Ethereum;
2) When the trading engine is directly embedded in the validator stack, it can bypass the competition of ordinary trading pools, which is equivalent to building a "VIP channel" and sacrificing some decentralization in exchange for more extreme trading performance;
In fact, the success of @ jito-usol has validated the feasibility of dedicated optimization at the Solana validator level. Just need to give the validators an additional MEV revenue share, plus the value capture of JTO tokens, the validators are very willing to participate, and 60% of Solana validators are already running Jito client.
Replacing MEV fees with transaction fee income in the Perp scenario would be more stable and predictable, with greater motivation for validators to participate;
3) Solana has a relatively mature DeFi ecosystem and a vast developer and user base, especially during the MEME craze. Solana has repeatedly verified its advantage in liquidity depth.
If both Solana and Hyperliquid attempt to leverage high-frequency trading application scenarios with a centralized approach, the existing ecological foundation gives Solana a greater development limit than Hyperliquid, as there is a difference between incubating applications with chains and incubating applications based on application chains.
So, Comrades who missed out on the previous wave of opportunities on Hyperliquid, don't be anxious and frustrated about the adventure of @ Aster_deX and @ Lighter_xyz in Fomo anymore. Your next wave of opportunities may be quietly brewing in @ Solana_zh.
As for which projects are recommended, although the architecture of @ DriftProtocol is a bit outdated, recent projects such as @ _fulktrade, which has raised 8M in funding, and @ bulletxyz_, which was formerly Zeta Market, are trying similar directions. However, there will be more projects emerging.
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