Came across a new DEX on Canton. Ekiden is the first CLOB-based derivatives exchange on the Canton Network, built with professional trading in mind. Mainnet is live, although access is invite-only for now. I managed to get a limited number of invites, so sharing the access link here for anyone who wants to take a look. Users joining through the referral also get a 20% multiplier. Early numbers: • $3.3M+ volume • $329K+ TVL • $115K+ open interest • BTC, ETH, HYPE & CC perps • Up to 20x leverage The other interesting part is the infrastructure: confidential-by-default trading, institutional-grade CLOB execution, REST/WebSocket APIs and account abstraction. The project is backed by GSR, Flowdesk, Pyth, G-20 Group, Curiosity VC and others. Still early, but interesting to see a professional-style derivatives venue taking shape on Canton. How to get started:

The market is down today: market cap ~$2.87–2.89 trillion (−1–2.5%). BTC ~$83.5–84k (−1%), ETH ~$2.69k (around zero), SOL weaker (~$120, −2%). BTC dominance ~58.5%. The Fear and Greed Index is 70–74 — greed. The market rose over the week, but pulled back today after the rally. Inflows into spot BTC ETFs remain positive.

BTC dominance is currently ~58.5–58.6%. ETH ~11.4%, with the rest being alts and stablecoins. Over 90 days, it has barely changed (+0.7 percentage points). It is slightly declining over the week and month. This is not altseason: capital remains in Bitcoin. Cycle context: below the 2025 peaks (~63–65%), and far from “alt euphoria” (~40%). The market is still in BTC mode, with no rotation into broad altcoins.