Injective reports $1B+ in tokenized mortgages, POSCO International trade receivables settling onchain, 135 RWA perp markets with $214.9M monthly volume, $81B+ in settled perp volume since 2021.
[1]← Narrative indexOct 18 – Oct 24 UTC Every claim links to the posts behind it01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 8 posts on X 1 week
Narrative / Rank 06 / Week of Oct 18 – Oct 24
Ondo Perps Expands to EUR/USD, DKNG, SKHYNIX, LIT, NEAR and Launches Private Markets; Referral Points Go Live
Peak / day8tracked accounts
Peak dayFriOct 23 · busiest day in the panel
Rest of X / peak day126distinct accounts outside the panel
Cited claims192 dropped by automated checks
Market—no token attached
Attention
Who was talking, day by day
Tracked paneldistinct tracked accounts / day
Rest of Xdistinct other accounts / day
What happened
Injective reports $1B+ in tokenized mortgages, POSCO International trade receivables settling onchain, 135 RWA perp markets with $214.9M monthly volume, $81B+ in settled perp volume since 2021. Grvt announced 1.1M GRVT buyback, burns nearly 1% of circulating supply, plans monthly buybacks, and will launch Grvt 2.0 by end of November with zero-fee Stable Funding Perps and Earn up to 11% yield. Grvt targets 1,000+ markets by December and is adding stocks, FX, commodities and indices onchain.
+ 16 more in the evidence register ↓Why it matters
Ondo's multi-front expansion shows the trend of perp DEXs moving into traditional assets (FX, equities, private markets) and adding incentive layers to attract traders, reflecting growing competition in the RWA perp space.
Observed reaction
Bullish on Ondo Perps expansion and incentives; mixed on perp DEX farming sustainability due to papertrade change; neutral on other product launches.
Spread
Where it started and who carried it
- First seen
- Oct 18, 09:58 UTC by @zuesthekreator
- Accounts
- 26 tracked · 113 elsewhere on X
- Communities
- perps trading (7), prediction mkts (4), general ct (4), airdrops farming (3)
- Key accounts
- @influencefamily, @nklinhzk, @papertrade_xyz, @hbo_data, @brian_armstrong
Explainability
Evidence register
Grvt announced 1.1M GRVT buyback, burns nearly 1% of circulating supply, plans monthly buybacks, and will launch Grvt 2.0 by end of November with zero-fee Stable Funding Perps and Earn up to 11% yield.
[1]Grvt targets 1,000+ markets by December and is adding stocks, FX, commodities and indices onchain.
[1]Jumper Perps early access is rolling out to 2,500 waitlist users plus top Jumper Pass holders, with $JUMP incentives and up to $232K in weekly USDC rewards.
[1]Jumper confirmed ENSv2 support at launch and Aave joined Base Season offering up to 5% bonus APY on eligible USDC/ETH deposits after bridging through Jumper.
[1]QFEX reports $409M volume, $145M open interest, Volume/OI of 2.82x, and focuses on RWA assets including stocks; it has no token yet.
[1]Ondo Perps launched EUR/USD, DKNG, SKHYNIX, LIT and NEAR markets, adding FX, equities and crypto in one place.
[1]Ondo Private Markets launched, giving eligible investors tokenized pre-IPO exposure tradeable 24/7 on a permissionless secondary order book, starting with AI and planning robotics, cybersecurity and biotech next.
[1][2]OpenAI's Private Market Note (OPAIPon) is live on Ondo spot, offering tokenized OpenAI exposure.
[1]Ondo Perps Points now rewards referrals with 5% of trading points generated by referred traders, retroactive to the start of the program, on top of 5M points dropped weekly to traders in Season 1.
[1]Ondo Perps ran a campaign offering up to 75% of trading fees back based on volume tiers ($10k+ = 10%, $50k+ = 25%, $250k+ = 50%, $1m+ = 75%).
[1][2]A trader earned 65,490 Ondo points (rank #194) and $345 from funding fees using delta-neutral RWA perps across Variational and Ondo Perps.
[1]Pyth Pro added post-market pricing for four Korean stocks: SK Hynix, Samsung Electronics, Hyundai Motor and Samsung Electro-Mechanics.
[1]Memory stocks were 43.5% of RWA perp volume in August.
[1]papertrade_xyz announced it has no plans to make $PAPER transferable, after which its revenues tanked.
[1]TxFlow_L1 and @dhruv_sniper launched a campaign giving the first 50 users $50 in fee credits, running Oct 24 14:00 to Oct 29 23:59 UTC.
[1]Saphyre incentivized testnet access is live with Perps, limited early access via email, with rewards sealed until mainnet.
[1]Arcus exchange offers sub-20ms trade finality for hundreds of thousands of trades per second using a central limit order book with committed market makers, with Stock Token spot trades via RFQ.
[1]Motion now allows trading perpetuals on Lighter directly with 0% fees.
[1]Angles
- Ondo Perps product expansion (new markets, Private Markets, referral points)
- Perp DEX incentive campaigns and fee rebates (Grvt, Jumper, TxFlow, Saphyre, QFEX, papertrade)
- RWA perps and stock-token listings (Pyth Pro Korean feeds, Seoul city-block visualization)
Formats in use
- Thread with arrow-point product updates
- Quote-tweet commentary with https://t.co links
- Listicle with bullet points and emojis
- Data screenshot with metrics
- Campaign announcement with steps
Risks
- Motivation for some posts, such as Promotional tweets from project accounts or affiliates, may indicate paid sponsorship or coordinated shilling, e.g., campaign tweets with referral links.
- Claims of trading profits, rebates or yields (e.g., up to 11% or $345 funding) are unaudited and could be misleading; no independent verification is provided.
- Unverified hacks, exploits or rumors: none in these posts; no rumors of hacks were present.
- Financial advice: Posts mention strategies like delta-neutral perps or specific trades without disclaimers; could be construed as advice.
Observed content
Most-engaged posts
Injective was built for the internet Economy from the ground up. → RWAs: $1B+ in tokenized mortgages live. POSCO International trade receivables settling onchain. 135 RWA perp markets. $214.9M in monthly volume. Injective Mint for institutional issuance. SEC transfer agentOpen on X →
Seem like IQ test successfully passed ✔️ √ Almost 20% of current base:0xeeee77bc7e82c0d4166d52f58239d4c5bf41eeee circulation supply burned/bout to be burned so far √ Price is floating near $2.41 > I loaded 7.14k $USDC that I suppose to receive from price-guarantee on 2.27 averaOpen on X →
Grvt is burning tokens and rebuilding the entire app No, seriously: >buys back 1.1M GRVT >burns nearly 1% of circulating supply >plans monthly buybacks >announces 5 major updates before December >launches Earn with up to 11% yield >brings stocks, FX, commodities + indices onchaOpen on X →
Good evening! Continuing to explore the @arcus_xyz project and how trading on that platform differs from others How is #Arcus different from DEXes? Purpose-built for performance: The Arcus exchange was designed to reliably offer sub-20ms trade finality for hundreds of thousandOpen on X →
JUMPER IS SHIPPING BUT WHERE IS $JUMP TGE? A lot is happening around @jumperapp > Jumper Perps Early access is rolling out to 2,500 waitlist users + top Jumper Pass holders. > Trading Rewards Earn $JUMP incentives + up to $232K in weekly USDC rewards. > ENSv2 Support JumperOpen on X →
From Top 10 Perps by OI, @QFEX is one of perps that has no token yet. And currently their metric: -> Volume: $409m -> Open Interest: $145m -> Volume/OI: 2.82x I think this is one is also one of most underrated perps. For context: QFEX is focusing on RWA assets, and many stockOpen on X →
And market is kinda frozen again. Time to overview, re-balance n find nice entry points for all: DeFi, Intra-day trades n NFTs 📁 Perps: - Lighter gonna distribute weekly pts today. Don't expect to get much, as my $NVDA n $SDNK still sucks. However, I opened another SDNK long onOpen on X →
Unbelievable Someone made +$124,503 on Polymarket Perps by Opening multiple SHORT position Yes there is guy on Polymarket who made +$125,503 in just 1 week by doing SHORT I checked activity of Perps and found out most of his money came from $SNDK, DRAM Both asset are dropOpen on X →
History