Done with the CreatorPad task on Genius Terminal — $GENIUS , @GeniusOfficial — and one thing kept pulling focus under the "infrastructure-led innovation" lens. It wasn't the terminal itself. It was the sequencing. On June 4, 2026, Genius announced GeniusFi with Ergonia Trading — a propAMM on BNB Chain with cross-inventory routing built to deliver CEX-level pricing on-chain. Read the announcement and the CEO's framing lands hard: "until market structures themselves aren't at par with CEXs, we're never going to get there." That's not a feature launch. That's an admission that the terminal's value ceiling is set by the underlying market structure — and so they went to fix the structure. BenzingaBenzinga That's the actual infrastructure-led move here. Not the multi-chain routing, not the ghost orders, not the signatureless UX. Those are polish. The propAMM is the terminal acknowledging its own constraint and building around it. PropAMMs actively manage inventory to provide tighter quotes, while GeniusFi adds cross-inventory routing to optimize liquidity across positions. Passive pools can't do that. This has to be built. Invezz I spent half the task expecting the innovation story to be about the front-end abstraction layer. Instead it was about what sits underneath. Hmm… though building the market structure you then route through creates obvious questions about neutrality over time. Who else gets access to GeniusFi's liquidity? Or does it become proprietary to the terminal? #genius