The core narrative of the derivatives market has emerged. With $HYPE breaking through the ceiling, $MYX capitalizing on the market, and $ASTER/$APX already floundering, this sector is becoming a battleground, and competition is fierce. After the launch of the Meme platform, people began to realize that derivatives will be the next key area of focus, emulating Hyperliquid's approach. Multicoin Capital, the largest investor behind Solana, has already taken control of Forward Industries, the largest SOL treasury. Multicoin co-founder Kyle Samani has become Chairman of Forward's Board of Directors. Besides continuing to expand the SOL treasury, their next step is to gradually introduce Wall Street capital into the Solana ecosystem, building its DeFi popularity and benchmark. The first platform to bear the brunt of this is $DRIFT, another derivatives platform also backed by Multicoin.