I keep looking at Genius Terminal from one uncomfortable question: if on-chain trading becomes easier, does the edge move from seeing more data to protecting intent better?
That is why the “private and final on-chain terminal” line matters to me. Not as a slogan, but as a test. If traders can move across chains, execute faster, and avoid exposing every step before the trade lands, then Genius is pointing at a real market pain.
But I would not judge $GENIUS only by features. Tools can attract attention quickly. What matters is whether serious users return when markets get noisy.
For me, the signal is simple: privacy must improve execution, and execution must create repeat behavior.