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Genius Terminal Hits $650M Single-Day Volume Record As CZ-Backed Platform Sees EVM Surge

Genius Terminal Hits $650M Single-Day Volume Record As CZ-Backed Platform Sees EVM Surge

Genius Terminal, the cross-chain trading platform backed by Binance founder Changpeng Zhao's YZi Labs, recorded over $1.57 billion in weekly trading volume following its mid-January public launch, according to Dune Analytics dashboard data.

The platform has attracted approximately 30,000 wallets since launch with lifetime trading volume reaching $2.33 billion, representing explosive growth from the $60-160 million processed during beta testing phases.

EVM-compatible networks accounted for the dominant share of trading activity, with the volume spike coinciding with YZi Labs' multi-8-figure investment announcement and Zhao joining as strategic advisor January 13.

Airdrop Speculation Fuels Activity

The platform operates a points system distributing 50 million Genius Points based on trading volume and referrals, fueling speculation about a potential token airdrop despite no official confirmation from the team.

Armaan Kalsi, Genius co-founder and CEO, told The Block the YZi Labs investment exceeded $10 million but declined to specify whether the company plans to issue a native token or detail airdrop allocation criteria.

Average trading volume per wallet approaches $79,000 based on lifetime metrics, suggesting concentration among larger traders rather than broad retail participation.

Read also: Bitcoin Hashrate Drops Below 1 Zettahash For First Time Since September 2025

Privacy-Focused Infrastructure Play

Genius positions itself as a unified self-custodial terminal aggregating liquidity across more than 10 blockchains including Ethereum, Solana, BNB Chain, Hyperliquid, Base, Avalanche and Sui without requiring asset bridging.

The platform's "Ghost Orders" technology uses multi-party computation to split large trades across hundreds of wallets simultaneously, reducing on-chain traceability while maintaining full user custody of private keys.

YZi Labs manages approximately $10 billion in assets and previously led a $6 million funding round for Genius in 2024 alongside CMCC, Balaji Srinivasan, and Flow Traders before the recent expansion round.

A public beta of the enhanced privacy protocol is scheduled for second quarter 2026, with full open-access rollout planned for late 2026 as the platform targets institutional traders seeking centralized exchange-level privacy on decentralized infrastructure.

Read next: Why BlackRock's Bitcoin Transfers Between Coinbase Accounts Are Fueling Sell-Off Fears

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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