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FINTECH / CRYPTO · NICHE

Percolator

Permissionless perpetual futures for any Solana token with a DEX pool.

Visit percolator.trade ↗@PercolatorTrade on X ↗

What Percolator does

Permissionless perpetual futures for any Solana token with a DEX pool. Lets a creator launch a leveraged perp market on any SPL token in about 60 seconds, without team approval or an auction. Forked from Anatoly Yakovenko's (@toly) open-source Percolator engine and extended with LP vaults, transferable Token-2022 NFT positions, dispute resolution and on-chain invariant checks. Code is Apache 2.0 across 17 public repos.

Good for

  • Give a project's token a perps market for hedging/speculation
  • Provide liquidity via per-market LP vaults (after audit)
  • Study/fork an open-source perps engine for a crypto product

Try this in 10 minutes

  1. Give a project's token a perps market for hedging/speculation. Use the free version: pick one real example from your own business and try just that.
  2. Provide liquidity via per-market LP vaults (after audit). Put the result next to how you do it today. Is it faster, cheaper or better?
  3. Study/fork an open-source perps engine for a crypto product. Note what you had to fix by hand before you'd show it to a customer.

Mini-tasks based on common small-business uses for this tool.

Honest take

No red flags in our notes so far

We have not written a detailed take on this tool yet. The summary above is based on the maker’s own website.

Pricing

Open source (Apache 2.0). Trading fees per market; exact fee schedule Unknown.

Prices as listed by the maker when we last checked (2026-10-18); usually in US dollars. Check the website for current prices.

Latest update

No major updates recorded since we added it.

Is Percolator worth it? Quick answers

Is Percolator worth it?

Percolator is a niche pick: useful for specific cases, but most small businesses can skip it for now. It is free or open source, so the main cost is your time to set it up.

How much does Percolator cost?

Open source (Apache 2.0). Trading fees per market; exact fee schedule Unknown.

What is Percolator used for?

Permissionless perpetual futures for any Solana token with a DEX pool. Typical uses: give a project's token a perps market for hedging/speculation; provide liquidity via per-market LP vaults (after audit); study/fork an open-source perps engine for a crypto product.