PANews reported on June 2nd that, according to its official blog, the Solana Foundation announced it is recruiting teams to build fully on-chain perpetual contracts, derivatives, and related trading applications, and will provide support through distribution channels, technical assistance, and funding. The foundation is primarily seeking teams that meet the following criteria: fully on-chain execution (order submission, oracle updates, matching, cancellation, and settlement all occur on-chain); competitive pricing through true price discovery (based on bidirectional order flow rather than a pooling model); Solana-first design, with application revenue structurally flowing back to the network at the protocol level; innovation; experienced teams willing to migrate existing off-chain or hybrid architecture products to full-chain execution; and open-source code. The foundation also welcomes teams building perpetual contract-related infrastructure and products such as front-end integration, vaults, structured products, aggregators, advanced trading interfaces, market-making operations, and social trading.