Solana Foundation: Recruiting Teams to Develop Fully On-Chain Perpetual Contracts and Derivatives Applications, Will Provide Funding and Technical Support

Odaily Planet Daily News Solana Foundation has announced that 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. It is focusing on teams that meet the following conditions: order submission, oracle updates, matching, cancellation, and settlement all occur on-chain; based on a two-way order flow rather than a pooled model, achieving competitive pricing through real price discovery; adopting a Solana-first design, with application revenue structurally flowing back to the network at the protocol level; demonstrating innovation; existing off-chain or hybrid architecture products 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 integrations, vaults, structured products, aggregators, advanced trading interfaces, market-making operations, and social trading.