Solana's first crypto perpetuals aggregators service wants to compete with market leader Hyperliquid.
derivatives market is getting a new participant, one that's looking to take a slice of all the other venues' pies.
"We want the Solana ecosystem to compete with your massive decentralized exchange players — Hyperliquid, dYdX, Vertex — and currently the best way to do that is via aggregation," said Ranger co-founder Barrett, a That's where the aggregator comes into play. It scans the market across multiple venues and routes orders accordingly, Barrett said. To start, Ranger will plug into Jupiter and the smaller Flash protocol but it plans to add Drift, Zeta and others.Ranger's eight-person team also includes the pseudonymous FA2, a co-founder of block explorer SolanaFM, and Coby Lim, who leads the OTC spot trading desk for Blockchain.com.
Still, it's unlikely Ranger will treat tokens like votes and their holders as voters, as nearly every other community-governed crypto project does. Instead, the tokens might sooner have a role to play in futarchy, the markets-based governance model that was
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