2026-01-08 01:21:10

A perpetuals DEX on HyperEVM is making waves with its unique focus on leveraged trading of tokenized RWAs—think Pokemon Card Index and similar assets. The protocol has already processed over $1 billion in cumulative trading volume, signaling solid market traction.

Right now, the testnet is live and kicking. Users who jump in can rack up points, which translate into higher allocation slots for the upcoming ICO. Speaking of which: the project is eyeing a $2.5M raise at a $20M fully diluted valuation. It's an interesting entry point for those bullish on RWA infrastructure and on-chain derivatives trading.

RWA0,4%

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MetaReckt

· 9h ago

RWA leveraged trading? I've seen this trick too many times, it's just the same old testnet airdrop scam for points. Valued at $20M with a $2.5M raise, the dilution is pretty average, but a $1B trading volume does look impressive... Just worried that there's too much wash trading and fake volume.

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GasSavingMaster

· 10h ago

Wow, RWA leveraged trading has moved to HyperEVM? Now on-chain derivatives are really coming.

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TokenVelocityTrauma

· 01-08 11:50

Leveraging card assets? This is interesting, but does a $20M valuation seem a bit inflated...

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DAOdreamer

· 01-08 05:30

RWA derivatives are indeed interesting, but the opportunity to scoop up a $20M valuation is limited.

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GateUser-007dd9ce

· 01-08 03:52

That sounds really impressive and awesome. It has nothing to do with RWA coins; otherwise, the coin price would keep falling.

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WalletInspector

· 01-08 01:50

RWA leveraged trading? Come on, this concept is a bit interesting—are you really able to open contracts with something like Pokémon cards? A billion in trading volume sounds reasonable, but sometimes the data that can be generated on testnet is quite inflated... $2.5M in funding with a $20M valuation, this price is okay—it's just a matter of whether the team can truly make this system stable.

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ChainMaskedRider

· 01-08 01:47

Wow, RWA leveraged trading is really here. This logic is pretty incredible.

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VitaliksTwin

· 01-08 01:46

Leverage trading of card assets? That logic is a bit crazy, but I like it.

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EternalMiner

· 01-08 01:34

RWA derivatives are really taking off, but to be honest, this $20M valuation feels a bit inflated... We need to see how true user retention is.

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WhaleWatcher

· 01-08 01:28

RWA leveraged trading is indeed imaginative, but a $20M valuation just raised $2.5M feels like a premium... Still, it depends on how genuinely the testnet participants are involved.

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