Solana Foundation: Recruiting teams to develop fully on-chain perpetual contracts and derivatives applications, providing funding and technical support

Odaily reports that the Solana Foundation has announced it is recruiting teams to develop fully on-chain perpetual contracts, derivatives, and related trading applications, and will provide support through distribution channels, technical assistance, and funding. The Foundation is specifically looking for teams that meet the following criteria: order submission, oracle updates, matching, cancellation, and settlement all occur on-chain; based on a two-way order flow rather than a pool-based model, achieving competitive pricing through real price discovery; adopts a Solana-first design, with application revenue structurally flowing back to the network at the protocol level; demonstrates innovation; existing off-chain or hybrid architecture products are willing to migrate to fully on-chain execution; and open-source code. At the same time, the Solana Foundation also welcomes teams developing perpetual contract peripheral infrastructure and products such as front-end integration, vaults, structured products, aggregators, advanced trading interfaces, market-making operations, and social trading.