2026-01-11 14:21:36

The popular derivatives project has exceeded its funding target. The project's ICO was heavily oversubscribed, securing over $4.3M in committed funds, which is 71% above the initial goal of $2.5M. The testnet data is equally impressive — trading volume in the first month exceeded $1B, with 24k users.

The core innovation of the project lies in expanding the scope of derivatives trading. It is not limited to traditional crypto assets but covers illiquid asset classes: digital collectibles, real-world asset tokenization(RWA), equity, and even prediction markets can be traded. Users can go long on rare NFTs (such as Charizard cards) or short luxury goods (such as Birkin handbags), offering a gameplay richness far beyond traditional derivatives platforms.

RWA-1.24%

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NestedFox

· 12h ago

71% excess? That's a pretty impressive number, but the testnet's first month already surpassed $1B in trading volume... Now that's a real slap in the face to those who say "there's no real demand."

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BearWhisperGod

· 12h ago

71% excess? This number looks comfortable, but I don't know if it can be sustained in the future.

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quietly_staking

· 12h ago

71% oversubscription? That indicates everyone is optimistic, but with 24k users on the testnet, it's hard to say how many will remain when transitioning to the mainnet.

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ShibaMillionairen't

· 12h ago

71% over-allocated? Bro, this financing is really intense. I didn't expect to short Birkin bags; virtual world really can do anything. Breaking 1 billion in trading volume in the first month—if that data is real, it's outrageous. NFT derivatives can still be played like this? Feels like another wave of retail investors getting caught. RWA combined with futures—looks flashy, but I'm worried it might be the next death spiral. What level are these 24k users at? Could they all be bots? If this project really grows big, which platform will it compete with? Tokenization of non-liquid assets is interesting, but risks need to be considered.

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PerpetualLonger

· 12h ago

71% overshoot? Bro, this is a signal. The final struggle of the bears, it's time for us to buy the dip. Short luxury goods? No, no, no. This thing can only go up. Birkin will only increase in value. I bet on my account. First month $1B trading volume, this is a real breakthrough. Hold full position and stay put. Break-even is just around the corner.

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