Injective blockchain launches Meridian Mainnet Upgrade with governance voting through September 22, introducing institutional-grade RWA issuance, unified tokenized perpetual markets, and privacy infrastructure via CypherOS. The upgrade strengthens compliance, market execution, and oracle performance for onchain financial assets.
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 Robinhood-related crypto projects and the explosive growth of Real World Asset (RWA) perpetual trading on blockchain. RWA perp volume surged from $0.8B monthly in October 2025 to $147B at its July 2026 peak, with platforms like TradeXYZ and Variational leading market evolution toward TradFi-style infrastructure.
A discussion on X about DefiLlama fees and RFQ model competition, questioning Variational's strengths in the market.