Q1 2026

After the explosive genesis, Q1 2026 focuses on optimizing capital efficiency, reducing fees, and scaling trading tools for professional users.

The main upgrade here is Vault v2, introducing a modular architecture that allows each vault to dynamically adjust its fee structure and leverage ratio based on real-time volatility. Instead of fixed 0.1% entry and exit fees, the vaults will auto-adjust to market stress — dropping to as low as 0.03% during calm conditions and temporarily increasing during spikes to preserve collateral balance.

A major new addition this quarter: PLX Perpetuals. These are decentralized perpetual markets that follow the same non-liquidating design as the vaults but allow traders to open synthetic leverage directly through their wallet without minting vault tokens. The system backs perps positions with the same vault collateral — making liquidity infinitely recyclable across PLX’s ecosystem.

Cross-vault routing will also be introduced — allowing users to auto-switch between vaults (e.g., migrate from SOL2X → SOL5X) without unbonding. This is a critical upgrade for active traders who want to adapt leverage to market conditions without waiting through cooldowns.

Other Q1 2026 initiatives include:

• Integration with Jupiter Aggregator for instant swaps between leveraged tokens and SOL.

• Deployment of the PLX SDK (TypeScript + Rust) for developer integrations.

• First phase of DAO Governance, letting vePLX holders vote on vault expansions, emission rates, and reward models.

• Fee Reduction Protocol Update: decreasing vault management fees by 35% to reward early adopters and active participants.

By the end of Q1, PLX aims to surpass $50M in total vault deposits, solidifying its presence as Solana’s primary leverage infrastructure — a cross between Aave’s composability and GMX’s accessibility, but with zero liquidation.