Solana Foundation: Recruiting Teams to Build Fully On-Chain Perpetual Contracts and Derivatives Applications, with Funding and Technical Support Provided

Odaily Planet Daily News: The Solana Foundation 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. The foundation is particularly seeking 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 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; having existing off-chain or hybrid architecture products willing to migrate to fully on-chain execution; and having open-source code. Additionally, the Solana Foundation welcomes teams developing infrastructure and products surrounding perpetual contracts, such as frontend integrations, vaults, structured products, aggregators, advanced trading interfaces, market-making operations, and social trading.