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<p>Consensus Miami 2026 had a different energy this year.
A few things stood out:
→ RWA is no longer a narrative — it's becoming infrastructure 
→ Perp DEX is everywhere. Every chain, every exchange, every MM wants one 
→ Institutions aren't piloting anymore. They're asking who can operate at scale 
→ The complexity is growing faster than most people realize

The market is fragmenting. But fragmentation always precedes consolidation.

The next phase won't be won by the loudest project. It'll be won by the most prepared infrastructure.</p>

Consensus Miami 2026 had a different energy this year.
A few things stood out:
→ RWA is no longer a narrative — it's becoming infrastructure 
→ Perp DEX is everywhere. Every chain, every exchange, every MM wants one 
→ Institutions aren't piloting anymore. They're asking who can operate at scale 
→ The complexity is growing faster than most people realize
The market is fragmenting. But fragmentation always precedes consolidation.
The next phase won't be won by the loudest project. It'll be won b

Consensus Miami 2026 had a different energy this year. A few things stood out: → RWA is no longer a narrative — it's becoming infrastructure → Perp DEX is everywhere. Every chain, every exchange, every MM wants one → Institutions aren't piloting anymore. They're asking who can operate at scale → The complexity is growing faster than most people realize The market is fragmenting. But fragmentation always precedes consolidation. The next phase won't be won by the loudest project. It'll be won by the most prepared infrastructure.

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