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. 🦦

Toby X @mtndao 🦦 T -40 days. Accelerate Solana.

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. 🔭

for the searchers wondering how to actually plug in: Block Chef has a bundle submission API. send bundles, Head Chef filters, Sous Chef auctions. best tip + valid execution wins. no special access. no private relationships. no hardware gatekeeping. websocket streaming for real-time, REST for historical. if your bundle is clean and competitive, it gets in. learn.toby.foundation 🦦

$TOBY holders decide what counts as acceptable MEV on Solana. not a foundation. not an advisory board. actual governance over which bundle types get filtered, how validator incentives work, auction mechanics, fee structures. the question every MEV system has to answer: who makes the rules? for most systems, it's the operator. for OpenMEV, it's the community. learn.toby.foundation

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. learn.toby.foundation

85 / 10 / 5. 85% of all MEV rewards to stakers. 10% to validators. 5% protocol fee. for the otters who've been asking "where does the money go" since the early days, this is the answer. well, the short answer. the full breakdown is at learn.toby.foundation

The Toby sale didn’t reach the funding target we needed to move Toby forward under the current model. We’re not going to force it. Market conditions have been unfavourable, and the timing was bad; macro events had hit the sale hard. All public sale depositors are getting a full refund. Refunds are live now → publicsale.toby.so Notes: - refunds go back to the original wallet used during the sale - make sure you’re on the right wallet to view the balance - you have until June 10, 2026, 2PM UTC to claim What’s next: We’re planning to move the sale to other formats in the coming months. We’ll share more once it’s concrete. Thank you for showing up. More soon. 🦦

genuine question for Solana stakers: are you earning MEV yield right now? not staking yield. MEV yield. the value extracted from transaction ordering every single block. because if you're in a regular stakepool... that revenue is going somewhere. just probably not to you. genSOL was built around this. deposit SOL, get liquid staking + MEV rewards in one token. honestly still figuring out how to explain it simply, but: learn.toby.foundation

paying $2,000-3,500/month in hardware just to access MEV data feeds is wild tbh Laser Stream targets $800-1,200 for comparable data. 30-50% less bandwidth. built for Firedancer from day one (not retrofitted). learn.toby.foundation

validators on Solana earn block rewards and commission. that's the baseline everyone knows. Toby-Solana Client adds a third line: MEV tips. every clean bundle that lands through Block Chef generates a tip, and 10% of that goes directly to the validator who produced the block. net new revenue. no extra cost. just for running infrastructure that filters instead of extracts. learn.toby.foundation

ever wonder what happens to your MEV bundle between submission and block inclusion? most systems: highest tip wins. that's it. nobody checks what's inside. Block Chef runs a two-layer filter. Head Chef screens every bundle against community-approved rules (sandwich patterns get killed on sight). Sous Chef auctions the clean ones. ~200ms per cycle. bundles stay encrypted until the validator receives them. can't front-run what you can't read. deep dive: learn.toby.foundation 🦦

an update is coming for the otters in the next few days. we wanted to get things right before sharing. more soon. 🦦

Every Solana block is a revenue opportunity. But without OpenMEV, validators can’t spot MEV or prioritize high-value transactions. OpenMEV gives validators visibility + tools to capture what they've been missing. That's Toby. 🦦

Q4 2026. A mid-size DeFi protocol integrates Laser Stream. Within a week, validators are flooding their Discord. Not because of a marketing campaign. Because word spreads fast when: → The data feed cuts hardware costs in half → The tips are real Someone on CT posts: "when did MEV become a good thing on Solana?" A Toby otter replies with a thread they wrote 8 months ago explaining exactly how OpenMEV works. 12 likes when they wrote it. 4,000 retweets now. Build the infra. Change the narrative. The pond always knew. 🦦