Builder explorer. Shipping at Jito Labs. Opinions are my own, and do not reflect views of any past or present employer.

Joined September 2009
56 Photos and videos
Eric Semeniuc retweeted
Jun 12
.@Solana beat every centralized exchange to market with $SPCX, and didn't experience downtime from the demand like Coinbase and Robinhood. There's no need for an apology blogpost or tweet like Binance or other crypto exchanges because multiple issuers competed to be first to market with as much depth as possible. Some made it and some didn't, but users got choices. That's competition. Decentralization isn't a philosophical touchstone, it's a feature that directly leads to better outcomes for users. Bookmark and RT this in 5 years when Solana powers the majority of global markets.
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Eric Semeniuc retweeted
Less than an hour after the SpaceX IPO, Phoenix Perps have over $500k of liquidity within $1. Solana perps have arrived
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Eric Semeniuc retweeted
Replying to @anza_xyz
2/ some recent-ish wins in master: ptoken scheduler bindings restart speedup async replay verify direct mapping 200ms slots TxV1 10x rent reduction XDP & 100M CUs better repair Alpenglow
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Eric Semeniuc retweeted
faster slot switches when leader incredibly faster accountsdb faster epoch switch 5x faster p99 tx execution 4.2 is going to be another monster release 🤯
Replying to @anza_xyz
2/ some recent-ish wins in master: ptoken scheduler bindings restart speedup async replay verify direct mapping 200ms slots TxV1 10x rent reduction XDP & 100M CUs better repair Alpenglow
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Eric Semeniuc retweeted
the crank arb bots are **checks notes** 1. requesting 262kb of heap 2. over-requesting CUs 3. write locking 33 accounts 4. loading 19 MB of accounts merge the resource fee SIMD with haste lol solscan.io/tx/5KSqpceBD4udXk…
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Eric Semeniuc retweeted
100M CU blocks need @solana validators relaying shreds faster than they do today. XDP is how they get there: it speeds up Turbine's outbound propagation 750x, ensuring every block reaches the whole cluster before the next slot starts. We moved our entire fleet to XDP, and to help other operators get there, we upstreamed two patches to @anza_xyz's Agave, removing common adoption blockers: → VLAN tagging in userspace for segmented datacenter networks. Operators who split traffic across VLANs can now turn on XDP without the switch dropping their shreds → Multicast MAC derivation unlocks multicast retransmit on XDP for group sends. Useful on @DoubleZero and anywhere per-peer duplication isn't viable If there's a validator you'd like to see on XDP, tag them below👇
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Eric Semeniuc retweeted
working on making transaction execution never pagefault in agave 4.2 in this branch oracle updates are basically free, fastest in this profiled block was 9us but it aborted. fastest successful 17us (humidifi) on avg all the top propAMMs are below 30us we're getting pretty good at this
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Eric Semeniuc retweeted
Early signs @jito_sol's BAM is changing oracle-update scheduling. Not a perfect measure, but we bucket each oracle update by where it lands in the block, then measure how far each builder is from a perfectly even distribution. BAM’s May slots show the lowest “uniformity gap” in this data set. If makers can refresh quotes more predictably, they should face less stale-quote/adverse-selection risk. For SOL-USDC that could mean deeper liquidity at larger clip sizes; for thinner pairs, it could lower the spread cushion makers need before supporting the market on @solana.
This is the exact problem @jito_sol’s MPP plugin is trying to solve. If oracle updates can land more deterministically in a block (i.e. a flatter distribution below), prop AMMs can quote with more confidence, more depth, and across more pairs. That is how better onchain execution starts compounding beyond majors on @solana.
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Eric Semeniuc retweeted
I’m very happy with our architecture for cross chain deposits. We abstracted away the deposit problem by building a single-purpose smart contract wallet (PDA). This unlocks general onboarding by hijacking a well-established existing interface. And it is 100% noncustodial!
Cross-chain deposits are live. Fund Phoenix with USDC or USDT from Ethereum, Base, Arbitrum, or HyperEVM. It arrives in your account as Solana USDC, ready to trade in seconds. phoenix.trade
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Eric Semeniuc retweeted
24/5...ish
Welcome to a new era. Trade the brands you love. Direct Stocks. ETFs. Available 24/5. 👉 binance.com/en/stocks-landin…
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Eric Semeniuc retweeted
Most Solana teams optimize RPC. We decided to remove it. At @brewlabshq_ , our latency requirements pushed us beyond Yellowstone and toward consuming validator data directly from the source. Today we're open-sourcing part of that work: Qlaster — Shared-Memory Data Streaming for Colocated Solana Services.🧵
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Eric Semeniuc retweeted
For half a decade, solana/web3.js has been how developers, apps and users interact with Solana. Today, we're giving it the upgrade it always deserved: Web3.js 3.0. A package with the API you already know, rebuilt from the ground up on Kit.
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Eric Semeniuc retweeted
May 25
qedsvm is now open sourced, you can prove what the machine runs directly full SVM ISA is implemented/specified in lean, this means you can take an .so and prove that it implements your spec p-token's transfer path is proven spec to binary
May 24
100 likes and I open source this lean implementation of SVM, so that you can prove your compiled binary implements the specs eliminate custom compiler forks from your trusted compute base
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Eric Semeniuc retweeted
Replying to @trentdotsol
Drop in avg CU, no dramatic uptick is tx rate at this time
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Eric Semeniuc retweeted
Of 21 SOL/USDC trades on SOL, 1 had a worse fill compared to Binance (-0.20 bps) Solana is the best place to trade spot in crypto. Soon JTX will prove that
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Eric Semeniuc retweeted
contains: - an aya ebpf program that conditionally redirects doublezero packets on GRE payload classification. - a userspace zero-syscall userspace loop to process packets and pass to any downstream process. PRs are welcome. github.com/harsh4786/doublez…
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Eric Semeniuc retweeted
open sourcing my AF_XDP receiver for doublezero edge! supercharge your trading backend by shaving off microseconds of latency. measurements from my prev run. link below 👇
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Eric Semeniuc retweeted
Solana Is Winning the Trading War @jito_labs co-founder & CEO @buffalu__ joins @gazza_jenks at Consensus to explain why Jito is expanding from @solana infrastructure into consumer trading products with the launch of @jtx_trade. "Most new people coming into crypto are using Solana because it’s fast and cheap." OUTLINE 00:00 - Introduction 00:31 - Why Build on Solana 02:15 - Solana vs Ethereum 03:32 - Builder Challenges 05:38 - Launching JTX 08:12 - The Future of Trading 09:05 - Meme Coins and RWAs 11:27 - FTX and Solana 13:33 - Builder Culture 15:00 - JTX and AI Tools
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Eric Semeniuc retweeted
In the past month, @PhoenixTrade has shipped: - Rise: our public TS and Rust SDK 📈 - 24/7 commodities trading 🥇🛢️🥈 - 17 new pairs 💱 - Flight Codes: a simple API for integrators ✈️ - Vulcan: a CLI tool for agents 🤖 Soon: - Mobile 📱 - Cross chain deposits 💸 - [redacted] 👀
Vulcan is live. The official command-line tool for Phoenix — built for traders and AI agents. Trade, stream live markets, and run strategies from your terminal. Or let an agent drive.
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Eric Semeniuc retweeted
a few months ago, debugging BAM meant wrangling grafana, influx, and one-off clickhouse queries. this is what debugging BAM looks like now. 99% vibe coded internal explorer, every block and batch inspectable down to the microsecond. team is unreal.
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