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Crypto Prune > Exchange > FTX Thailand is in the spotlight on Solana’s Pacifica Perpetual Dex
Exchange

FTX Thailand is in the spotlight on Solana’s Pacifica Perpetual Dex

5 months ago 4 Min Read

The persistent Dexs trend has shifted to Solana, with Pacifica emerging as a promising market. Released by a former FTX executive, DEX is currently expanding its trading volume.

In Solana, persistent DEXS activities relied primarily on Jupiter and the drift protocol. However, a new star has appeared and could be linked to a bankrupt FTX centralized exchange.

Pacifica is having a round on social media a few months after its release. Dex Dex uses the Solana stack, gaining high lipids and general hype around Aster.

But it was a recent post from Sam Bankman Fried’s X account that pushed Pacifica to the forefront. As cryptopolitan It has been reported Previously, the SBF account posted a short message and sent an FTT token to another rally. The awakened profile also turned its attention to former FTX and Alameda Research alumni.

Solana Dex has gained support from previous FTX

A few days before Pacifica attracted attention, Armani Ferrente, an early Alameda research employer; I defended Persistent DEX in the chain to be safer than the FTX concentrated model. Ferente has already promoted his own backpack replacement, achieving over $1 billion each week.

On-chain and transparent trading are seen as a clear defense against the non-transparent asset movement between FTX and Alameda research.

However, there is still a continuing debate if DEX has some control over the user fund for trading.

At this stage, Pacifica emerged as a safer version, offering an advanced trading venue without the risk of FTX. Bankruptcy has not even stopped influencers from occupying Pacifica and promoting it for their connection with FTX.

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Pacifica boasts connection to FTX

Pacifica Perpetual Futures Dex is a relatively small rookie in the recent Perp Dex hype. The exchange has occurred $16.6 million The value locked in the first 10 days of the activity.

Influencer Already stuck on a task, some are focusing on links to FTX. Pacifica has been released Constance OneHe was former FTX COO until November 2022.

Pacifica Perp Dex claims it has attracted 10K users, with another 6K playing last week.

1/ gm

For now, Pacifica is now reaching:

$8,000,000,000+Total 💹💹
(50% increase from last week)

Over 10,000 active users 🐳🐳🐳
(+6,000 since last week)

600m+ 24h volume 📈https://t.co/wt4vespddchtts://t.co/4rdjnabkjf

It won’t stop. 💪

– Pacifica (@pacifica_fi) September 26, 2025

Dex reports $34 million With open interest, post your deposits and records daily to new users. For now, there are around 4,120 active users on the market every day. This is a far cry from the success of FTX or smaller permanent DEX.

Pacifica is reporting a record influx of users and deposits as it rides on the popular Perp Dex hype. |Source: Dune Analytics.

Some influencers are leaning towards rumours that Pacifica has also gained Google talent and opinions from other former FTX employees.

In the short term, Pacifica is attractive for the early stages of farming season. Dex arrived relatively late and is currently in season 1, but the other markets are already well on track to stage 2. The airdrop opportunity is to drive traffic to all markets, and all new PERP dexes have yet to prove that current hype is sustainable.

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