Solana Foundation Releases Open-Source DvP Settlement Tool
Solana (SOL)
Editor:
Eugene Serbin
cvj.ai reports that the Solana Foundation launched Solana DvP, an open-source escrow program and API for delivery-versus-payment settlement on the Solana network. Released under the MIT license on October 6, 2026, the tool enables atomic settlement of asset and payment legs to eliminate counterparty risk. J.P. Morgan provided advisory input on institutional settlement practices but did not design, operate, or endorse the program.
The foundation clarified that the bank’s role was limited to consultation rather than a joint venture or product deployment. Solana DvP aims to reduce settlement times from days to seconds by ensuring both trade legs occur together or not at all. The program supports SPL Token and Token-2022 assets, including extensions like permanent delegates and pausable tokens.
External security audits were completed ahead of planned production use, though no institutions have yet begun using the tool in live environments. This release signals an intent to attract institutional players by providing audited, open-source settlement infrastructure. The foundation emphasized that while the tool addresses traditional market delays, its real-world impact remains to be proven. Adoption will depend on other institutions' willingness to integrate the tool, independent of J.P. Morgan’s advisory role.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 6 October 2026. Not the outlet's figures.
Solana (SOL) is trading at $120.78 with a 1-hour buy ratio of 49.4% and a 4-hour buy ratio of 48.7%, both slightly below the 24-hour ratio of 48.6%. This indicates that buying pressure is fading over the shorter timeframes compared to the daily average. The 1-hour volume delta is -$64,336, while the 4-hour delta is -$1,182,786, showing net selling pressure in recent hours. Over the last 24 hours, the volume delta stands at -$5,355,742, with a cumulative volume delta (CVD) of -$8,708,105 at close. The buy ratio represents the proportion of buy volume relative to total volume; a reading near 50% suggests a balanced market with no strong directional bias. The volume delta measures the net difference between buy and sell volume, where negative values indicate that sellers are dominating the flow.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.3%, making today’s 24-hour ratio of 48.6% a drop of 0.7 percentage points from the average. Spot volume for the day was $193,703,787, which is 0.74 times the weekly average, indicating lower-than-normal trading activity. There were only 3 days of net buying in the last 7 days, suggesting a generally mixed or bearish week. The 8-day price change was +1.6%, with a total volume delta of -$13,311,431 for the period. Compared to the weekly average, this is an ordinary day for the coin, characterized by below-average volume and a slight dip in buying interest.