# Parasol

> The engine that makes Solana the on-chain perps machine.

Parasol is an execution engine for on-chain perpetual futures on Solana, using zero-knowledge proofs for deterministic trade verification.

Parasol provides a dedicated execution environment for perpetual futures trading on Solana, targeting traders and protocols that require deterministic, high-throughput derivatives infrastructure. The engine processes order matching off-chain and verifies all state transitions through zero-knowledge proofs before settling on Solana as SPL tokens. Its architecture offers app-specific blockspace and 25-millisecond order execution without fragmenting liquidity or breaking composability with the base layer.

- Type: Protocol
- Sector: Finance
- Status: Announced
- Founded: 2021-04-01
- Profile: https://thegrid.id/profiles/parasol

## Products

- [Parasol](https://thegrid.id/profiles/parasol): Parasol is an execution engine for on-chain perpetual futures on Solana, using zero-knowledge proofs to verify off-chain computation. Order matching, deposits, and withdrawals are processed off-chain, with resulting state commitments settled on Solana as SPL tokens. The engine provides dedicated blockspace per application and deterministic transaction ordering, targeting 25 millisecond order execution. (Derivatives, In Development, Main Product)

## Links

- [Main](https://buildwithparasol.io)
- [Blog](https://buildwithparasol.io/blog)
- [Privacy policy](https://buildwithparasol.io/privacy-policy)
- [Twitter / X](https://x.com/buildonparasol)

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
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- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

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- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP