On October 6 (UTC+8), the Solana Foundation launched Solana DvP, an open-source settlement program built around “delivery versus payment”: asset delivery and fund payment are completed in the same on-chain transaction, so either both settle or neither does. Settlement time is reduced from the one to two days typical of traditional markets to just seconds. The program is released under the MIT open-source license and provides escrow segregation and deadline mechanisms. It has passed an external security audit and can be used with real funds.
J.P. Morgan contributed institutional settlement expertise and requirements to the project, helping shape rules such as deadlines and escrow segregation. DvP supports SPL Token and Token-2022, including extensions commonly used by regulated issuers, such as permanent delegates, pausable tokens, and transfer hooks. Any two parties can choose a bank, custodian, or exchange to act as their settlement agent. Previously, institutional on-chain trades were often settled using custom smart contracts developed by each party. Solana DvP aims to make this step a unified standard, and the Foundation also plans to add privacy features so settlement details can remain confidential.
In the market, $SOL was trading at around $119.8 on Binance spot at 14:58 on October 6 (UTC+8), down about 1.4% over 24 hours. It had mostly fluctuated between $116 and $125 over the past 10 days. $BTC was trading at around $85,300 over the same period, down about 1.1%. This launch represents progress at the infrastructure level, but there has been no notable short-term price reaction so far.
#SOL #Solana #RWA does not constitute investment advice.
J.P. Morgan contributed institutional settlement expertise and requirements to the project, helping shape rules such as deadlines and escrow segregation. DvP supports SPL Token and Token-2022, including extensions commonly used by regulated issuers, such as permanent delegates, pausable tokens, and transfer hooks. Any two parties can choose a bank, custodian, or exchange to act as their settlement agent. Previously, institutional on-chain trades were often settled using custom smart contracts developed by each party. Solana DvP aims to make this step a unified standard, and the Foundation also plans to add privacy features so settlement details can remain confidential.
In the market, $SOL was trading at around $119.8 on Binance spot at 14:58 on October 6 (UTC+8), down about 1.4% over 24 hours. It had mostly fluctuated between $116 and $125 over the past 10 days. $BTC was trading at around $85,300 over the same period, down about 1.1%. This launch represents progress at the infrastructure level, but there has been no notable short-term price reaction so far.
#SOL #Solana #RWA does not constitute investment advice.
