🚀 CMC Launch project Genius Terminal, is building a propAMM on BNB designed as a liquidity hub
(CMC Launch: Partnership)
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After a 5‑month gap, Binance founder CZ interacted with Genius again. The project is a privacy trading facility built specifically for the BNB chain and previously received investment from YZi Labs, after which CZ officially announced his role as an advisor.
In a new article, Genius states that the BNB chain has roughly $727 billion worth of on‑chain transaction volume annually, most of which involves short‑tail mainstream assets. Going forward, this volume should be handled by a more professional and proactive market‑making system.
This would provide participants with better trading depth, which is what Genius is currently working on—a new matching platform better suited for large‑size, high‑frequency trades.
Although the cryptocurrency market has performed poorly in recent times, Genius’s token still recorded a 50% increase.
Genius quickly built one of the first and cheapest propAMMs on BNB. Keep building. 👏 https://t.co/ZadZPn8MRX
Wu said he learned that the trading terminal Genius, supported by YZi Labs, announced the launch of a dark pool (propAMM) called GeniusFi on BNB Chain. CZ retweeted the post stating this is among the earliest and cheapest propAMMs on BNB Chain. The official dashboard shows that Genius's cumulative trading volume has surpassed $20 billion, with a total of 157,000 wallets. https://t.co/uUqqYW8T21
