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
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
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. 🦦
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 🦦
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. 🦦
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.
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. 🦦
One block. Here's what happens.
A DeFi trade hits the mempool. Three searchers see it and submit sealed bids to Block Chef.
Head Chef scans the bundles:
→ One is a sandwich. Front-runs the original trade. Filtered. Gone.
→ Two clean bundles remain
→ Highest bid wins
The bundle executes. The trade goes through without front-running.
Where the value goes:
→ ~85% to validators and stakers
→ ~5% to the winning searcher
→ ~5% to the protocol
That's OpenMEV. One block at a time.
31 Followers 227 Following''Join telegram group for early entries,I might not post here early enough''
https://t.co/gla5YZoSIu
for other enquiries: https://t.co/jBj2mAdlao
2 Followers 24 FollowingHelping infrastructure teams move heavy workloads off cloud and onto dedicated bare metal without sacrificing performance, control, or connectivity.
33 Followers 247 FollowingSolana dev ⚡️ Building on-chain systems 🔗
DEX routing • Arbitrage • MEV 💰
Exploring custom AMMs 🧠
Building in public 🚀
DMs open 🤝
19K Followers 782 FollowingChorus One, a Bitwise company, helps institutions optimize digital assets via quant research across 20+ networks, maximizing staking rewards.
2K Followers 476 FollowingMonetization Layer for Solana transactions. Turn transaction flow into new revenue stream.
Powered by the first @Solana MEV platform.
144K Followers 2K FollowingWeb3 Identity for Everyone. Start your .SOL obsession @ https://t.co/1xMYzfaNK1 | Build with us @ https://t.co/cYLr12NHAs | Join the .sol family @ https://t.co/vnxiDNuB8U
7K Followers 2K FollowingIndependent Solana validator since 2021
Info, guides and dashboards on the Solana ecosystem at https://t.co/muKSZAdjho - stake with us to support!
5K Followers 537 FollowingSolana Summit has gone global. Bringing together founders, builders, investors, institutions, traders & creators. Built by the ecosystem. For the ecosystem.
3K Followers 978 FollowingAI, bc and tech trends. Product @GoKiteAI . Founder @SuperteamMY. Prev research @UniofOxford & ex AI engineer @Google-backed unicorn @Oxa_UA.