The perps problem on Solana isn't just microstructure. It's that execution costs are unhedgeable. Priority fees and tips spike at the exact moment makers need to cancel fastest. Costs go up when risk goes up.
We can fix it.
Through our work @DeFiCarrot we've spent a ton of time thinking about and working with decentralized rate markets
Fundamentally DeFi needs fixed rates if it ever hopes to be used beyond speculation
Interest Rate Swaps are the answer; @JettyFi is the solution. Follow along 🛟