[Solana Perpetual DEX FlashTrade Shuts Down, Solana Co-Founder Responds] BlockBeats News, August 9: Anas, the founder of Solana's perpetual contract protocol FlashTrade, announced the closure of the project and is seeking to sell the existing tech stack to compensate FAF holders. He attributed the shutdown to severe internal team disagreements, market contraction, and prolonged lack of profitability. He also stated, 'What hurt me the most personally was the indifference from the foundation,' claiming that the Solana Foundation fully supported only one team because it believed this would contribute to Solana's success. Anas emphasized that he does not blame the foundation for the project's failure and admitted he was overly emotional about the matter. Solana co-founder Anatoly Yakovenko later responded, stating that the foundation cannot determine whether a product succeeds or fails. Its primary role is to assist with go-to-market (GTM) strategies and increase exposure during a product's launch, but ultimately, whether attention converts into users depends on the product itself. [Original Link]