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Solana Alignment Spectrum: where perp DEX matching sits in the stack

Quote99 words
MapPerpsSolanaPacificaBulletBulkParasol

Splits Solana perp DEXs by how deep matching sits in Solana: Pacifica offchain on its own servers, Bullet in a bonded sequencer, Bulk in ~5% of validators, Parasol aiming for inside Agave itself.

Key claims
Bulk runs inside ~5% of Solana validators
Parasol's stated endgame is a core proposal and mainnet port
The Solana Alignment Spectrum. The real split in Solana perps isn't fees or points, it's how deep the matching engine sits in Solana's own stack. The design space is broad: - @pacifica_fi runs it on its own servers, Solana holds the vaults - @Bulletxyz runs it in a bonded sequencer, its own lane settling to Solana - @bulktrade runs it inside ~5% of Solana's validators, right next to Agave - @buildonparasol wants it inside Agave itself. Today a network extension, stated endgame is a core proposal and a mainnet port Off-chain → in the client. Pick your trust model.
QUOTING @zerokn0wledge_
Solana Perp DEX Wars Line-Up @solana has held the crown for being the #1 token launch and onchain spot trading chain for years. Aside @base and most recently Robinhood, there was rarely any serious competition. However, perps on Solana have always struggled to gain the traction
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