Solana founder Toly says Percolator is still unfinished and AI cannot yet handle development end to end

Solana founder Anatoly Yakovenko, known as Toly, said on X that artificial general intelligence, or AGI, remains far away and that his test project Percolator would likely already be live if he had been writing the code himself full time. His comments drew a clear line between where AI is useful today and where it still falls short in product development. According to Toly, AI works best in the design and specification research stage, and in fuzz testing used to uncover bugs. He added that code quality would probably improve if AI were used in that way. At the same time, he argued that the number of genuinely good products reaching the market today is unlikely to be higher than it was before the era of large language models. The remarks also revive attention on Percolator, a next-generation perpetual futures decentralized exchange on Solana that Toly said last year he planned to launch. Earlier descriptions of the project said it would use a sharded order book, aim for execution speeds comparable to centralized exchanges, and be fully open source.