BlockBeats News, June 2nd, Solana's official post "Building Fully On-Chain Perpetual Contracts on Solana" revealed a strong commitment to advancing the on-chain perpetual contracts (Perps) ecosystem. The goal is to make Solana the world's most robust on-chain financial derivatives infrastructure. Currently, the majority of cryptocurrency derivatives trading is centralized or relies on hybrid models with off-chain matching engines, which Solana sees as a transitional phase. Solana aims to leverage its high-performance blockchain to realize a truly on-chain derivatives market where order submission, price updates, matching, clearing, and all other processes are conducted on-chain while maintaining institutional-grade speed and low costs.

The Solana Foundation will provide funding, technical support, and resources, focusing on projects that meet the following criteria: fully on-chain execution, price discovery based on genuine bilateral liquidity (not solely on pool pricing), Solana-first with on-chain revenue sharing, teams with derivatives expertise, and open-source core code. Additionally, contributions to frontends, aggregators, insurance pools, liquidity tools, and other peripheral infrastructure are welcomed for collaborative development.