Yesterday @reya_xyz released tokenomics in Japanese. At first i wondered why there wasn’t an English version. They are not marketing yet, they are getting ready. It’s pretty clear Reya token is close, but what I care about more is 2026, not 2025. Reya is only perp DEX aiming for spot markets, stablecoin tokenization, and Internet Capital Markets tapping into trillions in global trading activity using blockchain trustless rails. What stands out is architecture. Reya isn’t merely connected to Ethereum, It’s designed to be enshrined into L1 staying synchronously composable with DeFi and secured by Ethereum validators, not a small operator set. ZK layer keeps execution fast while remaining provable, with settlement finalizing on Ethereum and a rotating node set to reduce single points of failure. This isn’t a general-purpose chain, It’s trading-specific deterministic execution, near-CEX speed, zero maker and taker fees. If it works, Reya is not an exchange, It’s trading infrastructure inside Ethereum.(Justin Wu)