Surge in Trading Activity
Genius Terminal recorded $787 million in single-day trading volume on Saturday, marking the platform's highest activity level since launch. YZi Labs backs the crypto trading platform, which also receives advisory support from Changpeng “CZ” Zhao.
Weekly volume crossed $2 billion according to Dune analytics, compared to approximately $85 million the previous week. Average trading activity per wallet reached $82,400, a metric that was nearly zero before the recent surge in user participation.
Ethereum Virtual Machine Networks Dominate Volume
Ethereum Virtual Machine compatible networks accounted for roughly $728 million of Saturday's total volume. EVM refers to decentralized computing infrastructure that executes smart contracts for blockchain applications.
Airdrop Farming and Future Token Distributions
The platform has not confirmed specific airdrop timing. Social media posts reference "parachutes," potential 2026 token distributions, and upcoming developments connected to the Genius Points reward system, fueling trader expectations about future token allocations.
Traders are accumulating activity on Genius Terminal through a practice known as airdrop farming, where users engage with platforms in the hope of qualifying for early token distributions. Participants then potentially profit by selling allocated tokens on exchanges if prices rise after public trading begins, though price appreciation carries no guarantee.
Genius Points Reward System
Genius Points operates through a seasonal structure currently in its first phase, rewarding users based on trading volume, transaction frequency, and referrals. The tiered system ranges from "Smart" to "God" status, with higher engagement levels earning greater point accumulations that may qualify participants for future benefits, including possible token airdrops.
Platform Development and Backing
The platform launched an airdrop page suggesting token distribution will occur this year. YZi Labs provided what sources describe as multi-eight-figure financing for the project's development and brought Zhao on as an advisor to the team.
Average wallet activity jumped from negligible levels to significant trading volumes as speculation around potential rewards intensified. The growth pattern resembles airdrop farming trends where early platform adoption aims to secure advantageous positions for anticipated token launches.