About Purple

Synthetic leverage for every token on Solana.

Purple.trade is a perpetual futures platform built on the Percolator engine — an open-source protocol created by Solana co-founder Anatoly Yakovenko. Percolator introduced inverted perpetuals: the traded token is the collateral, eliminating the need for stablecoins, borrowing, or synthetic assets.

This model enables permissionless leverage markets for any SPL token on Solana. Every market runs as a single on-chain slab account — no off-chain orderbook, no sequencer, no custodian. One Solana transaction, atomic settlement.

Experimental software. Purple.trade is in active development. Trade at your own risk — there are no warranties of any kind. Review our security page before trading.

The Percolator Engine

  • Entire market state in a single on-chain slab account
  • The token is the collateral — inverted perpetual model, no borrowing, no synthetics
  • Atomic crank + trade in a single Solana transaction
  • Oracle circuit breaker for tokens without Pyth feeds
  • Up to 10x leverage with market orders
  • Verified byte-for-byte against the canonical open-source implementation

Source Verification

Purple.trade's SDK has been systematically verified against the canonical Percolator program source. Every instruction tag, data encoding, account ordering, PDA derivation, and error code matches the on-chain program byte-for-byte.

CategoryItemsStatus
Instruction tags21/21Verified
Data encoding21/21Verified
Account orderings21/21Verified
PDA derivation2/2Verified
Error codes25/25Verified
Slab layout4/4 structsVerified

Programs & Deployments

MMainnet

Percolator Program
PRPLUgjCUxCEzNPP6x7XJVK1WR5XX28Zu8MEyTqvGjF
Matcher Program
MTCPqs6RWWUPMHhvZnnB6BLAXS86TDpTaxQW7Pa3aDh

DDevnet

Percolator Program
2SSnp35m7FQ7cRLNKGdW5UzjYFF6RBUNq7d3m5mqNByp
Matcher Program
4HcGCsyjAqnFua5ccuXyt8KRRQzKFbGTJkVChpS7Yfzy
Meteora DBC
dbcij3LWUppWqq96dh6gJWwBifmcGfLSB5D4DuSMaqN

Open Source

$

$PURPLE Token

Coming Soon

$PURPLE is the native token for Purple.trade. A perpetual futures market for $PURPLE will be one of the first markets available on the platform.

Contract Address
HiezwBtMctoXcYERx6yteE8ANdfYLx7NpEUSrzMsPURp

Links