Perps are the hardest test of execution on Solana. Leveraged and live, they feel late liquidations, dropped cancels, and shaky settlement first. It shows up as bad debt, wider spreads, and idle capital. Toby's tech will help to solve it in meaningful ways. We're not starting from scratch to fix it. The execution performance layer is built on the OpenMEV infrastructure we've spent 2 years building: the systems that order, include, and price transactions, and coordinate with validators to land them. That machinery was already solving the hard part. We're pointing it straight at execution and settlement now. For perps that means: - liquidations and updates that land on time - settlement you can actually trust - tighter spreads, because the infra underneath is finally dependable Still early. But the foundation is already 2 years deep on Toby. More soon. Lock-in. 🔭
Solana is making one of the boldest bets in crypto right now. It wants to become a serious, high-performance on-chain trading venue, especially for perpetuals, while offering something specialized chains like Hyperliquid can’t: deep atomic composability across the entire ecosystem. The Foundation has openly called for teams to build fully on-chain perps infrastructure. Major upgrades like Alpenglow and Firedancer are shipping to close the performance gap. But there’s still a critical hole. Even with upgrades, execution + settlement reliability is still inconsistent. Trades, especially leveraged perps, need predictable, low-latency execution and dependable final settlement. When that’s variable: - capital efficiency drops - professional traders stay elsewhere At the same time, Solana has been reducing validator count partly due to performance variance. Trimming validators can improve short-term quality, but it’s not a long-term answer if we want both performance and decentralization. This is the problem we’re solving at @StakeToby. We’re moving away from our previous focus on OpenMEV and liquid staking. We’re building something new: Solana’s dedicated Transaction Execution Performance (TEP) layer. The job is simple to say, hard to do: make transactions, especially trades, execute and settle faster, and more reliably. We’re not building another perps DEX. We’re building specialized infra that helps the whole ecosystem get better execution outcomes. In the coming months, we’ll share more on the approach. Early direction includes: - execution reliability - settlement speed - working closely with validators + perps protocols to raise the performance floor across the network This is still early. The upgrades are coming. Now it’s time to build the execution performance layer that turns that potential into reality. More to come. 🦦
one entity handles most of Solana's MEV. they take 5% off the top and there's zero competitive pressure on that number. here's what nobody talks about: the operators running sandwich bots on that system compound profits into stake. more stake = more blocks = more sandwiches. it's a flywheel that concentrates power. by mid-2027 you could have a single MEV operator with enough stake to influence consensus. (not predicting this. just saying the math doesn't prevent it.) OpenMEV exists because this trajectory is bad for Solana. https://t.co/3yRHTVeVaa
Most MEV on Solana isn't seen. That's the problem. What's happening now: → Private routing deals mean searchers pay less for blocks → Sandwich attacks extract value from users without their knowledge → Validators earn whatever's left after the leakage Block Chef changes the routing: → Sealed-bid auction: searchers bid openly for blockspace → Highest bid wins. Sandwiches filtered by Head Chef before they reach the block → Validators earn the full competitive tip The difference between opaque and transparent MEV is who captures the value. Same block. Cleaner mechanics. More value back to the network.
SIMD-0228 passed. Solana inflation is now dynamic. What that means in practice: → Staking APY from inflation alone shrinks over time → The emission schedule validators relied on starts to compress → MEV becomes the natural successor: real revenue from real blockspace activity This was always coming. The economics of Solana validation were never meant to run on inflation forever. OpenMEV was built for this shift: → Transparent auctions → Clean yield → Validator revenue that doesn't depend on a token emission schedule Validators who build MEV infra now are the ones with a business when the inflation subsidy is gone.
The sale is closed. Here's what comes next. "What happens to unsold tokens?" Burned. As supply shrinks, your allocation stays consistent for launch. No treasury dumps. "Where does $TOBY launch?" Solana native. DEX liquidity on Solana and BSC (bridged). Listed on some of the largest exchanges day 1. "When do I get my tokens?" This occurs after the final price calculation and pro-rata distribution. Unlocked at TGE, no vesting, no cliffs. The timeline is dropping very soon. "What's the product roadmap?" Block Chef v1 on Firedancer, Laser Stream beta for searchers, genSOL stake pool launch, Validator Optimizer scoring. All in motion. "What about governance?" The first $TOBY governance vote happens right after TGE. You'll vote on fee structures, auction rules, and validator standards through the OpenMEV Council.
5 HRS LEFT. Not all participants are treated equally in the $TOBY sale. Been active on Toby mainnet or testnet? You're ahead of the line. Here's how allocation works if oversubscribed ↓ 1. Mainnet participation + Pearls holders 2. Testnet contributors 3. Validator operators 4. Deposit timing 5. Long-term Solana ecosystem participants The sale is designed to reward real ecosystem participants, not just capital.