Genius achieves 10x Gas optimization: What does the performance breakthrough of on-chain trading platforms mean

Genius announced on January 15th the completion of multiple technical optimizations, the most notable of which is a reduction in Gas costs by over 10 times. This is not just a numerical improvement but also represents a substantial breakthrough in user experience for on-chain trading platforms. At the same time, enhancements in BNB cross-chain exchange stability and the resolution of cross-chain sponsorship issues through EIP-7702 all point in the same direction: Genius is refining product details in preparation for large-scale user onboarding.

Three Key Progresses in Technical Optimization

The Practical Significance of a 10x Reduction in Gas Costs

Gas costs are the direct expense of on-chain transactions, determining the transaction threshold for users. A tenfold decrease sounds significant, but in the context of increasingly fierce competition among on-chain trading platforms, such an optimization can truly influence user decisions. For example, reducing Gas fees from $100 to $10 makes a noticeable difference for small traders and frequent traders.

According to relevant information, Genius aims to become the “decentralized Binance.” Under this positioning, lowering transaction costs is one of its core competitive advantages. The substantial decrease in Gas fees directly enhances platform usability, encouraging more users to trade on-chain rather than through centralized exchanges.

BNB Cross-Chain Exchange Stability Enhancement

BNB, as the core asset of the Binance ecosystem, relies heavily on cross-chain liquidity. Improving the stability of BNB cross-chain exchanges means that risks and slippage when transferring BNB between different chains are reduced. This is crucial for improving user experience in a multi-chain ecosystem.

EIP-7702 Fixes Cross-Chain Sponsorship Issues

EIP-7702 is an important proposal in Ethereum related to account abstraction. Genius’s use of this technology to fix cross-chain sponsorship issues indicates the team’s attention to technical details. Resolving cross-chain sponsorship problems will make user experience smoother, and some processes that previously required manual operation may be automated.

The Value Proposition of the Genius Project Itself

This optimization is not an isolated technical upgrade but part of a continuously improving project that has already received heavyweight support. According to relevant information, YZi Labs (founded by CZ and He Yi) has invested tens of millions of dollars into Genius, with CZ himself serving as an advisor. Additionally, Binance Labs has invested $10 million. This funding background demonstrates high recognition from the Binance ecosystem.

Genius is positioned as an on-chain trading platform supporting spot and perpetual contract trading. The platform has launched a points activity, allowing users to earn GP points through trading and participate in airdrops. This operational approach is attractive to early users and aligns with common paths in current crypto projects.

What Do These Optimizations Indicate?

From a technical perspective, Genius is iterating its product based on community feedback. Gas cost optimization, cross-chain stability improvements, and technical issue fixes are tangible enhancements. This shows the project is not just hyping concepts but actively developing real products.

From a market perspective, competition among on-chain trading platforms is intensifying. With CZ’s support, substantial funding, and a dedicated technical team continuously optimizing, these factors together give Genius the potential to become a mainstream on-chain trading platform.

Summary

This round of optimizations by Genius demonstrates three core advances: a significant reduction in Gas costs improving trading affordability, enhanced BNB cross-chain stability optimizing cross-chain experience, and technical issue fixes reflecting the team’s execution capability. While these improvements may seem like technical details, they directly impact user experience.

For those interested in the on-chain trading ecosystem, Genius is worth ongoing attention. A project backed by influential figures, with substantial funding, and with tangible product iterations, is generally more promising than projects based solely on concepts. Future focus should be on monitoring platform user growth and trading volume performance.