Genius Terminal, a cross-chain trading platform that has received backing from Binance founder Changpeng Zhao's YZi Labs, recorded over $1.57 billion in trading volume in the week following its public launch in mid-January. This data comes from a Dune Analytics dashboard.
Since its launch, the platform has attracted approximately 30,000 wallets, with its lifetime trading volume reaching $2.33 billion. This represents significant growth compared to the $60-160 million processed during its beta testing phases.
EVM-compatible networks constituted the majority of the trading activity. The increase in volume coincided with the announcement of YZi Labs' multi-eight-figure investment and Zhao's joining as a strategic advisor on January 13.
Airdrop Speculation Fuels Activity
The platform currently operates a points system, distributing 50 million Genius Points based on trading volume and referrals. This system has fueled speculation about a potential token airdrop, although the team has not officially confirmed any such plans.
Armaan Kalsi, Genius co-founder and CEO, informed The Block that the investment from YZi Labs exceeded $10 million. However, he declined to specify whether the company intends to issue a native token or to provide details on the criteria for airdrop allocations.
Based on lifetime metrics, the average trading volume per wallet is approaching $79,000. This suggests a concentration of activity among larger traders rather than widespread retail participation.
Privacy-Focused Infrastructure Play
Genius positions itself as a unified, self-custodial trading terminal. It aggregates liquidity across more than 10 blockchains, including Ethereum, Solana, BNB Chain, Hyperliquid, Base, Avalanche, and Sui, without requiring users to bridge assets between networks.
The platform's "Ghost Orders" technology utilizes multi-party computation to distribute large trades across hundreds of wallets simultaneously. This approach reduces on-chain traceability while ensuring users maintain full custody of their private keys.
YZi Labs, which manages approximately $10 billion in assets, previously led a $6 million funding round for Genius in 2024. This round included participation from CMCC, Balaji Srinivasan, and Flow Traders, preceding the recent expansion round.
A public beta for the enhanced privacy protocol is slated for the second quarter of 2026. The full open-access rollout is planned for late 2026, with the platform aiming to cater to institutional traders seeking centralized exchange-level privacy on decentralized infrastructure.