Solana Co-Founder Vibe Codes Hyperliquid Rival, Invites Devs to ‘Steal Idea’
The post Solana Co-Founder Vibe Codes Hyperliquid Rival, Invites Devs to ‘Steal Idea’ appeared on BitcoinEthereumNews.com.
In brief Solana founder Anatoly Yakovenko uploaded the code for a perpetual futures exchange to Github, but he says he isn’t developing the platform. Yakovenko invited other devs to steal his idea and wants to see more competition in the perpetual futures exchange sector. Despite the Solana founder pushing back, crypto degens still speculated on the project via a Solana meme coin that touched at $6.23 million market capitalization. Crypto users earlier today spotted Solana founder Anatoly Yakovenko uploading code on Github for what appeared to be his own decentralized perpetual futures exchange, leading to mass speculation that a new Hyperliquid competitor could be coming to Solana. But Yakovenko has since poured cold water on the idea, clarifying that he was just “messing around” with the AI tool Claude and made the repo on Github public by accident. Still, he’s urging other developers to “steal the idea” and run with it. Perpetual futures are all the rage right now in crypto following the rise of Hyperliquid—a cryptocurrency network and decentralized exchange that specializes in perpetual futures, or perps. More recently, other competing perp DEXs have entered the fray, such as Avantis and Aster. While Aster is available on multiple networks, its presence is largest on the Binance-connected BNB Chain, and it has at times over the last couple months gone head to head with Hyperliquid in terms of trading volume and revenue generated. And while there are a couple of Solana perp DEXs out there, nothing on the network yet rivals Hyperliquid or Aster. That’s why Solana hopefuls were seemingly so enthralled by the idea of Solana’s co-founder developing his own. Yakovenko’s would-be perps DEX, dubbed Percolator, was supposedly “implementation-ready” and would have launched as a self-custodial “sharded” exchange, according to the code posted on GitHub. But that’s apparently…
Filed under: News - @ October 21, 2025 7:21 am