Injective launched INJ as a native SPL token on Solana through Sunrise, with Phantom wallet verification enabling easier access and DeFi integrations across Raydium, Jupiter, and Meteora. The post also discusses the evolution of onchain RWA perp trading from simple asset tokenization to sophisticated platforms like TradeXYZ, Variational, and QFEX that are capturing billions in volume by bringing TradFi-style infrastructure to blockchain markets.
X users discuss DeFi developments including Oracle's massive capital expenditure ($28.5B) against $19.35B quarterly revenue causing negative free cash flow, TxFlow's high-performance on-chain trading platform, Base DeFi reaching $5.7B TVL, and Zama's expanding confidential DeFi stack with 16 yield vaults and $65M+ shielded TVL.